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Monday, March 6, 2017

SILVER UPDATES FOR MARCH 6 2017

MONDAY



TRADING LEVELS FOR THE WEEK




MCX SILVER



SUPPORT 1 41972



SUPPORT 2 41362



SUPPORT 3 40711



RESISTANCE 1 43132



RESISTANCE 2 43753



RESISTANCE 3 44397




WAIT FOR CONFIRMATION .



Silver prices are also under pressure due to the imminent rate hike .




International Silver currently trading at $ 17.873



Immediate support at $ 17.7




Resistance at $ 18




In the Mcx currently trading at Rs 42700




Immediate support at 42500



Resistance seen at Rs 42900




Next downside only on a break below Rs 42500




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