mcx silver intraday target 33180 SL above 34100

mcx silver future outlook for 1 December 2015 mcx silver future outlook for 1 December 2015 Mcx silver December expiry future today closed at 33480 with gain. On daily chart trend and momentum both are bearish. Silver on every up move facing strong supply from market. On downside for intraday silver future will have support zone around 33300 and 33180. On upside 34100 is strong resistance zone and fresh short entry level for traders. Fresh weekly chart pattern suggesting possible downside for silver around 31800 to 31200.

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Pramod Baviskar

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