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Wednesday, February 22, 2017

SILVER UPDATES FOR FEB 22 2017

TUESDAY



TRADING LEVELS FOR MORNING SESSION



MCX SILVER



SUPPORT 1 42498



SUPPORT 2 42260



SUPPORT 3 42031



RESISTANCE 1 43076



RESISTANCE 2 43337



RESISTANCE 3 43572




WAIT FOR CONFIRMATION .




Silver in yesterdays evening session traded lower on the wake of a stronger dollar





Hit a low of $ 117.818



Before smartly recovering from lows to close at 17.957




Silver currently trading at $ 17.968



Immediate resistance seen at $ 18.1



And supports at $ 17.8



In the Mcx currently trading at Rs 42677



Immediate resistance seen at Rs 43000



Supports at Rs 42500




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