SILVERBEES @ 81.95
Downside now 76.60 becomes an important support to watch on 2-3 days closing basis. As long as SILVERBEES is trading above 76.60 on given days closing basis we can assume that now its ready for next leg up.
On the way up 84.53 which is 20 week moving average can act as first hurdle and close above it opens for 92.60 to 100 as short term projection and medium term can do 113 levels.
Keep close eye on 76.60 support on 2-3 days closing basis and act accordingly
Downside now 76.60 becomes an important support to watch on 2-3 days closing basis. As long as SILVERBEES is trading above 76.60 on given days closing basis we can assume that now its ready for next leg up.
On the way up 84.53 which is 20 week moving average can act as first hurdle and close above it opens for 92.60 to 100 as short term projection and medium term can do 113 levels.
Keep close eye on 76.60 support on 2-3 days closing basis and act accordingly
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