SILVER UPDATES FOR NOV 14 2016

MONDAY 3.45 PM IST



WEEKLY UPDATE

Silver In mcx was dropped from 44000 – 42000 and looks very

 bearish strong supports for the commodity is at 42000 and 41650 levels ,

 below that we expect prices to test 40900 levels, and

 any close below 40900, commodity turns bearish for long run

 and positionally we expect prices to test 38000 –  36600 levels.

Weekly Call :

                                Sell Silver on close below 40900

 and add further on rises up to 41500

 with SL above 42700 

for targets 38000 – 36500 (Positional).

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