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Monday, October 26, 2009

CLOSING COMMENTARY FOR OCT 26 MONDAY

Silver dollar trading at very strong sup of around

17.20$. Prices on break and close below this could

be weak for prices till 17.00$ to 16.50$. Prices

have very strong sup here and need to watch out this.

Strong res is seen around 17.50$.

Silver prices in MCX dropped straight to 27000 levels

after unable to hold above the strong res of around

27500 levels. A break and close below 27000 could be

more weak till 26800 - 26700 levels.Strong res is seen

around 27200 - 27300 levels.

Wait for confirmaiton.

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