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Sunday, November 2, 2014

SILVER UPDATES FOR NOV 2 2014

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$.