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Wednesday, September 23, 2009

CLOSING COMMENTARY FOR SEPT 23 WEDNESDAY

Silver dollar having high volatality between 16.60$ -

17.10$. Prices hovering around the high prices.

Prices have strong res of around 17.30$ and sup are

seen around 16.80$ - 16.60$. Overall range bound and

wait for confirmation.

Silver prices in MCX range bound between 27000 - 27500

levels. Prices have very strong sup of 27000 could test

26750 - 26500 levels. Strong res seen around 27350 levles.

Prices of 27000 need to be watched as strong sup seen there...

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