Commodity Tips: Silver Weekly Recommendation

Silver is in Consolidated form so a best strategy to gain in intraday is sell on higher levels. In this week if Silver manages to sustain below 62500 and do not break the upside level of 64500 then it can test 60500-59500 level.

But if Silver breaks 64500 mark then above 65000 it may touch 66000-67500 level.

Traders can take their positions accordingly.

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Weekly Updates: NYMEX Crude Overview and MCX Crude Levels

NYMEX Crude is in consolidation phase. Last week Crude Oil was sustaining at upper level and close near to its week high. For the coming week 75$ and 70 $ will act as major supports and $98 and$101.50 a barrel will be a major resistance in
International Crude. 

In MCX Crude Oil major resistance is found near 4060 and 4250 and major supports will be 3500 and 3350.

One long crude oil above 4060 for the targets of 4100-4150-4200 Stoploss below 3900.  

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