Silver Sep MCX: Prices are hovering at trend line support level of 53000. On break below the same Â may see sharp fall up to 52960/52560 on intraday basis. However from the technical end we are expecting prices to rebound up to resistance levels before going to break tend line support levels.
Intraday resistance is seen at 53510-560 then 53700-750 levels. we recommend high risk traders to take short position in the range of 53500-550 levels ,CMP 53330