CLOSING COMMENTARY FOR OCT 29 THURSDAY

Silver dollar prices went up sharply as expected

and eroding all the losses yesterday. Prices exactly

trading with the shadow of yesterday candle. Prices

a break and close above 16.80$ - 17$ could again go

up. A strong sellng below this could be negative for

prices. Wait for confirmation.

Silver prices in MCX trading upwards on profit booking

hope so. Prices a break and close above 26300 - 26400

could be positive again. Prices may have selling around

the res levels. Res is seen around 26400 and sup is

seen around 26000 .