Friday 18 October 2013

Daily Silver Outlook

MCX Silver needs to sustain above Rs 48,400-odd levels for fresh gains to materialise.

In case, Silver is unable to sustain above Rs 48,400, we may witness a fresh fall to Rs 46,000-level. Or even a steeper fall to near about Rs 41,000-level.

However, in case, Silver is able to break above Rs 48,400, we can see the white metal jump to Rs 50,000-mark or extend gains to near about Rs 51,000-level.

Click Here for daily support and resistance levels.
 

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