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Tuesday, October 27, 2009

CLOSING COMMENTARY FOR OCT 27 TUESDAY

Silver dollar came down as expected once it broken the

strong sup level of 17.30$. We strongly recommended

below sup could decide further trend and now have

sup of around 16.50$. Prices closing below the sup

levels could be weak and now trading bit negative.

Silver prices in MCX dropped after breaking the sup of

26800 levels. Prices seems weak below the sup levels.

Prices now could target 26000 levels and buying could

come at those levels.

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