Weekly - mcx silver is heading for 38300 levels

Weekly mcx silver tips for 21 to 25 November 2016

Weekly mcx silver tips for 21 to 25 November 2016

Mcx silver this week closed at 40550 with loss. This was second weekly loss for silver prices. Mcx silver sell call achieved downside target of 40400 and now heading towards 38300 zone which will be next downside positional target for silver future. Mcx silver given breakdown below 43200 and achieved target of 40400 and now heading lower. Mcx silver long term chart suggesting 38500 to 35800 as target zone for this long term corrective move.

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