mcx silver weekly technical call for 4 to 8 jan 2016

mcx silver weekly technical call for 4 to 8 jan 2016
mcx silver future this week closed with loss at 33335.
mcx silver weekly chart price trend and momentum both are bearish.
 
 
For medium term, mcx silver support zones are 32800 and 31800.
On upside expect strong resistance at 33900 and 35000 levels.
 
 
For next week , mcx silver might continue downtrend
and might test 32800 to 31800 zone.
 
 
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Pramod Baviskar

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