Silver is showing strength in recent days due to uncertain global cues - Swastika Investmart
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COMMODITY OUTLOOK
DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Oil prices rise on Fed liquidity support, Credit Suisse deal
* Gold prices near 11-mth high as markets gauge Fed liquidity measures
* Iraq, OPEC stress need to coordinate to stabilise prices
CHART OF THE DAY
SILVER: SILVER is showing strength in recent days due to uncertain global cues , but 68800 is an immediate resistance level and 68000 is an immediate support level. While above 68800, further strength will lead towards the 69000-69200 zone.
OUTLOOK
* Bullion: Day trend is indicating to Uptrend in Gold &Silver.
* Energy: Day trend is indicating Downtrend in Crude oil & Natural gas
* Base metals: Day trend is indicating Sideways in all base metals.
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