SUNDAY
WEEKLY UPDATE
Silver in international market dropped along with gold and closed well below 16.7$,
at present 17.5$ will act as strong resistance and we expect correction to take
place further up to 14$ over the period of time, immediate target for silver is
15.3$, we maintain our bearish view in the commodity and we expect prices to
test at least 14$ .
Weekly Call :
Sell silver international at cmp 16.1$
and add one more at 16.3$
with sl above 16.8
for target 15.5 and 15.3$.
our positional target for the commodity is 14$.