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Last Updated : 20 Mar 2010 13:59:59
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Silver: May rise to $15.91 on upside rally

June 10, 2009 18:19
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Pre US Market Report
Silver: Pit Session starts at 5.55 pm

Silver has short-term support at $15.20/Rs.23700 level and a rally till $15.74/Rs.24100 could be expected. A further upside rally could take prices higher till $15.91/Rs.24350 level. However, a convincing downside break of support at $15.20/Rs.23700 could take prices lower till $15.02/Rs.23500 level.

Spread: Comex (-) MCX = 0-50 premium on MCX

Courtesy: Emkay Commotrade Ltd.

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