Tag Archives: silver price

Silver Outlook for the Week (Sep 24, 2018 – Sep 28, 2018)

EquityPandit’s Outlook for Silver for the week  (Sep 24, 2018 – Sep 28, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 1.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 37400 to 37500 from where the commodity has broken down from the February-2018 and March-2018 low. If the commodity manages to close above these levels then the commodity can move to the levels of 37900 to 38100 from where the commodity has broken down from April-2018, May-2018 and July-2018 lows. During the week the commodity manages to hit a high of 37845 and close the week around the levels of 37582.

Minor support for the commodity lies in the zone of 37000 to 37200. Support for the commodity lies in the zone of 36500 to 36600 where the commodity has formed a low in the month of December-2017 and August-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 35500 to 35600 where the commodity has formed a low in the month of July-2017.

Resistance for the commodity lies in the zone of 37800 to 38000 from where the commodity has broken down from April-2018, May-2018 and July-2018 lows. If the commodity manages to close above these levels then the commodity can move to the levels of 38400 to 38500 where long term moving averages and break down levels are lying.

Broad range for the commodity in the coming week can be seen between 36500 – 36700 on downside & 38300 – 38500 on upside.

Silver Outlook for the Week (Sep 17, 2018 – Sep 21, 2018)

EquityPandit’s Outlook for Silver for the week  (Sep 17, 2018 – Sep 21, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 0.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 37400 to 37500 from where the commodity has broken down from the February-2018 and March-2018 low. If the commodity manages to close above these levels then the commodity can move to the levels of 37900 to 38100 from where the commodity has broken down from April-2018, May-2018 and July-2018 lows. During the week the commodity manages to hit a high of 37527 and close the week around the levels of 36993.

Support for the commodity lies in the zone of 36500 to 36600 where the commodity has formed a low in the month of December-2017 and August-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 35500 to 35600 where the commodity has formed a low in the month of July-2017.

Resistance for the commodity lies in the zone of 37400 to 37500 from where the commodity has broken down from the February-2018 and March-2018 low. If the commodity manages to close above these levels then the commodity can move to the levels of 37900 to 38100 from where the commodity has broken down from April-2018, May-2018 and July-2018 lows.

Broad range for the commodity in the coming week can be seen between 36000 – 36200 on downside & 37900 – 38000 on upside.

Silver Outlook for the Week (Sep 10, 2018 – Sep 14, 2018)

EquityPandit’s Outlook for Silver for the week  (Sep 10, 2018 – Sep 14, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that Resistance for the commodity lies in the zone of 37400 to 37500 from where the commodity has broken down from the February-2018 and March-2018 low. If the commodity manages to close above these levels then the commodity can move to the levels of 37900 to 38100 from where the commodity has broken down from April-2018, May-2018 and July-2018 lows. During the week the commodity manages to hit a high of 37555 and close the week around the levels of 37167.

Support for the commodity lies in the zone of 36500 to 36600 where the commodity has formed a low in the month of December-2017 and August-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 35500 to 35600 where the commodity has formed a low in the month of July-2017.

Resistance for the commodity lies in the zone of 37400 to 37500 from where the commodity has broken down from the February-2018 and March-2018 low. If the commodity manages to close above these levels then the commodity can move to the levels of 37900 to 38100 from where the commodity has broken down from April-2018, May-2018 and July-2018 lows.

Broad range for the commodity in the coming week can be seen between 36000 – 36200 on downside & 37900 – 38000 on upside.

Silver Outlook for the Week (Sep 03, 2018 – Sep 07, 2018)

EquityPandit’s Outlook for Silver for the week  (Sep 03, 2018 – Sep 07, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 0.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 37400 to 37500 from where the commodity has broken down from the February-2018 and March-2018 low. If the commodity manages to close above these levels then the commodity can move to the levels of 37900 to 38100 from where the commodity has broken down from April-2018, May-2018 and July-2018 lows. During the week the commodity manages to hit a high of 37525 and close the week around the levels of 36719.

Support for the commodity lies in the zone of 36500 to 36600 where the commodity has formed a low in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 35500 to 35600 where the commodity has formed a low in the month of July-2017.

Resistance for the commodity lies in the zone of 37400 to 37500 from where the commodity has broken down from the February-2018 and March-2018 low. If the commodity manages to close above these levels then the commodity can move to the levels of 37900 to 38100 from where the commodity has broken down from April-2018, May-2018 and July-2018 lows.

Broad range for the commodity in the coming week can be seen between 36000 – 36200 on downside & 37500 – 37700 on upside.

Silver Outlook for the Week (Aug 27, 2018 – Aug 31, 2018)

EquityPandit’s Outlook for Silver for the week  (Aug 27, 2018 – Aug 31, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 0.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 36500 to 36600 where the commodity has formed a low in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 35500 to 35600 where the commodity has formed a low in the month of July-2017. During the week the commodity manages to hit a low of 36535 and close the week around the levels of 36980.

Support for the commodity lies in the zone of 36500 to 36600 where the commodity has formed a low in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 35500 to 35600 where the commodity has formed a low in the month of July-2017.

Resistance for the commodity lies in the zone of 37400 to 37500 from where the commodity has broken down from the February-2018 and March-2018 low. If the commodity manages to close above these levels then the commodity can move to the levels of 37900 to 38100 from where the commodity has broken down from April-2018, May-2018 and July-2018 lows.

Broad range for the commodity in the coming week can be seen between 36200 – 36400 on downside & 37500 – 37700 on upside.

Silver Outlook for the Week (Aug 20, 2018 – Aug 24, 2018)

EquityPandit’s Outlook for Silver for the week  (Aug 20, 2018 – Aug 24, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 3.10%.

As we have mentioned last week, that support for the commodity lies in the zone of 37900 to 38100 where the commodity has taken support in the month of April-2018 and May-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 37400 to 37500 where the commodity has taken support in the month of March-2018. During the week the commodity manages to hit a low of 36423 and close the week around the levels of 36778.

Support for the commodity lies in the zone of 36500 to 36600 where the commodity has formed a low in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 35500 to 35600 where the commodity has formed a low in the month of July-2017.

Resistance for the commodity lies in the zone of 37400 to 37500 from where the commodity has broken down from the February-2018 and March-2018 low. If the commodity manages to close above these levels then the commodity can move to the levels of 37900 to 38100 from where the commodity has broken down from April-2018, May-2018 and July-2018 lows.

Broad range for the commodity in the coming week can be seen between 35500 – 35700 on downside & 37300 – 37500 on upside.

Silver Outlook for the Week (Aug 13, 2018 – Aug 17, 2018)

EquityPandit’s Outlook for Silver for the week  (Aug 13, 2018 – Aug 17, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 0.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 37900 to 38100 where the commodity has taken support in the month of April-2018 and May-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 37400 to 37500 where the commodity has taken support in the month of March-2018. During the week the commodity manages to hit a low of 37774 and close the week around the levels of 37968.

Support for the commodity lies in the zone of 37900 to 38100 where the commodity has taken support in the month of April-2018 and May-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 37400 to 37500 where the commodity has taken support in the month of March-2018.

Minor resistance for the commodity lies around 38400 to 38500. Resistance for the commodity lies in the zone of 38800 to 39000 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 39500 to 39700 where short; medium and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 37500 – 37700 on downside & 38700 – 38900 on upside.

Silver Outlook for the Week (Aug 06, 2018 – Aug 10, 2018)

EquityPandit’s Outlook for Silver for the week  (Aug 06, 2018 – Aug 10, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 0.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 37900 to 38100 where the commodity has taken support in the month of April-2018 and May-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 37400 to 37500 where the commodity has taken support in the month of March-2018. During the week the commodity manages to hit a low of 37736 and close the week around the levels of 38072.

Support for the commodity lies in the zone of 37900 to 38100 where the commodity has taken support in the month of April-2018 and May-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 37400 to 37500 where the commodity has taken support in the month of March-2018.

Minor resistance for the commodity lies around 38400 to 38500. Resistance for the commodity lies in the zone of 38800 to 39000 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 39500 to 39700 where short; medium and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 37500 – 37700 on downside & 39000 – 39200 on upside.

Silver Outlook for the Week (July 30, 2018 – Aug 03, 2018)

EquityPandit’s Outlook for Silver for the week  (July 30, 2018 – Aug 03, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 0.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 37900 to 38100 where the commodity has taken support in the month of April-2018 and May-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 37400 to 37500 where the commodity has taken support in the month of March-2018. During the week the commodity manages to hit a low of 38003 and close the week around the levels of 38326.

Support for the commodity lies in the zone of 37900 to 38100 where the commodity has taken support in the month of April-2018 and May-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 37400 to 37500 where the commodity has taken support in the month of March-2018.

Resistance for the commodity lies in the zone of 38800 to 39000 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 39500 to 39700 where short; medium and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 37500 – 37700 on downside & 39500 – 39700 on upside.

Silver Outlook for the Week (July 23, 2018 – July 27, 2018)

EquityPandit’s Outlook for Silver for the week  (July 23, 2018 – July 27, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 1.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 38900 to 39000 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38000 to 38200 where the commodity has taken support in the month of April-2018 and May-2018. During the week the commodity manages to hit a low of 37873 and close the week around the levels of 38430.

Support for the commodity lies in the zone of 37900 to 38100 where the commodity has taken support in the month of April-2018 and May-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 37400 to 37500 where the commodity has taken support in the month of March-2018.

Resistance for the commodity lies in the zone of 38800 to 39000 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 39500 to 39700 where short; medium and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 37500 – 37700 on downside & 39500 – 39700 on upside.

Silver Outlook for the Week (July 16, 2018 – July 20, 2018)

EquityPandit’s Outlook for Silver for the week  (July 16, 2018 – July 20, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 1.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 40000 to 40200 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 40500 to 40600 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 40170 and close the week around the levels of 39046.

Support for the commodity lies in the zone of 38900 to 39000 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38000 to 38200 where the commodity has taken support in the month of April-2018 and May-2018.

Resistance for the commodity lies in the zone of 39500 to 39700 where short; medium and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 38000 – 38200 on downside & 40000 – 40200 on upside.

Silver Outlook for the Week (July 09, 2018 – July 13, 2018)

EquityPandit’s Outlook for Silver for the week  (July 09, 2018 – July 13, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that support for the commodity lies in the zone of 38900 to 39000 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38400 to 38500 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 38560 and close the week around the levels of 39766.

Support for the commodity lies in the zone of 39500 to 39700 where short; medium and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38900 to 39000 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 40000 to 40200 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 40500 to 40600 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 38500 – 38700 on downside & 40500 – 40700 on upside.

Silver Outlook for the Week (July 02, 2018 – July 06, 2018)

EquityPandit’s Outlook for Silver for the week  (July 02, 2018 – July 06, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 1.40%.

As we have mentioned last week, that support for the commodity lies in the zone of 39400 to 39500 from where the commodity broke out and medium & long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38900 to 39000 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 38970 and close the week around the levels of 39247.

Support for the commodity lies in the zone of 38900 to 39000 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38400 to 38500 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 39500 to 39700 where short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 from where the commodity broke down.

Broad range for the commodity in the coming week can be seen between 38400 – 38500 on downside & 40000 – 40200 on upside.

Silver Outlook for the Week (June 25, 2018 – June 29, 2018)

EquityPandit’s Outlook for Silver for the week  (June 25, 2018 – June 29, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 1.00%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 40000 to 40100. Support for the commodity lies in the zone of 39400 to 39500 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where short, medium & long term moving averages and Fibonacci levels are lying. During the week the commodity manages to hit a low of 39391 and close the week around the levels of 39810.

Support for the commodity lies in the zone of 39400 to 39500 from where the commodity broke out and medium & long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38900 to 39000 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 40000 to 40100. Resistance for the commodity lies in the zone of 40600 to 40800 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41000 to 41200.

Broad range for the commodity in the coming week can be seen between 39000 – 39200 on downside & 41000 – 41200 on upside.

Silver Outlook for the Week (June 18, 2018 – June 22, 2018)

EquityPandit’s Outlook for Silver for the week  (June 18, 2018 – June 22, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 0.50%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 40000 to 40100. Support for the commodity lies in the zone of 39400 to 39500 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where short, medium & long term moving averages and Fibonacci levels are lying. During the week the commodity manages to hit a high of 41698 and close the week around the levels of 40209.

Minor support for the commodity lies in the zone of 40000 to 40100. Support for the commodity lies in the zone of 39400 to 39500 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where short, medium & long term moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 40600 to 40800 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41000 to 41200.

Broad range for the commodity in the coming week can be seen between 39500 – 39700 on downside & 41500 – 41700 on upside.

Silver Outlook for the Week (June 11, 2018 – June 15, 2018)

EquityPandit’s Outlook for Silver for the week  (June 11, 2018 – June 15, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 2.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 39400 to 39500 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where short, medium & long term moving averages and Fibonacci levels are lying. During the week the commodity manages to hit a low of 39461 and close the week around the levels of 40412.

Minor support for the commodity lies in the zone of 40000 to 40100. Support for the commodity lies in the zone of 39400 to 39500 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where short, medium & long term moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 40600 to 40800 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41000 to 41200.

Broad range for the commodity in the coming week can be seen between 39500 – 39700 on downside & 41500 – 41700 on upside.

Silver Outlook for the Week (June 04, 2018 – June 08, 2018)

EquityPandit’s Outlook for Silver for the week  (June 04, 2018 – June 08, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 1.80%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 40000 to 40100. Support for the commodity lies in the zone of 39400 to 39500 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where short, medium & long term moving averages and Fibonacci levels are lying. During the week the commodity manages to hit a low of 39482 and close the week around the levels of 39537.

Support for the commodity lies in the zone of 39400 to 39500 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where short, medium & long term moving averages and Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 40000 to 40100. Resistance for the commodity lies in the zone of 40600 to 40800 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41000 to 41200.

Broad range for the commodity in the coming week can be seen between 38500 – 38700 on downside & 40500 – 40700 on upside.

Silver Outlook for the Week (May 28, 2018 – June 01, 2018)

EquityPandit’s Outlook for Silver for the week  (May 28, 2018 – June 01, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 40600 to 40800 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41000 to 41200. If the commodity manages to close above these levels then the commodity can move to the levels of 41900 to 42000 where the commodity has formed a top in the month of September-2017. During the week the commodity manages to hit a high of 40916 and close the week around the levels of 40267.

Minor support for the commodity lies in the zone of 40000 to 40100. Support for the commodity lies in the zone of 39400 to 39500 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where short, medium & long term moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 40600 to 40800 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41000 to 41200. If the commodity manages to close above these levels then the commodity can move to the levels of 41900 to 42000 where the commodity has formed a top in the month of September-2017.

Broad range for the commodity in the coming week can be seen between 39000 – 39200 on downside & 41000 – 41200 on upside.

Silver Outlook for the Week (May 21, 2018 – May 25, 2018)

EquityPandit’s Outlook for Silver for the week  (May 21, 2018 – May 25, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 0.90%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 40000 to 40100. Support for the commodity lies in the zone of 39400 to 39500 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where short, medium & long term moving averages and Fibonacci levels are lying. During the week the commodity manages to hit a low of 39604 and close the week around the levels of 40199.

Minor support for the commodity lies in the zone of 40000 to 40100. Support for the commodity lies in the zone of 39400 to 39500 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where short, medium & long term moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 40600 to 40800 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41000 to 41200. If the commodity manages to close above these levels then the commodity can move to the levels of 41900 to 42000 where the commodity has formed a top in the month of September-2017.

Broad range for the commodity in the coming week can be seen between 39000 – 39200 on downside & 41000 – 41200 on upside.

Silver Outlook for the Week (May 14, 2018 – May 18, 2018)

EquityPandit’s Outlook for Silver for the week  (May 14, 2018 – May 18, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 4.20%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 39500 to 39600. Resistance for the commodity lies in the zone of 40000 to 40100 from where the commodity broke down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40800 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 40710 and close the week around the levels of 40541.

Minor resistance for the commodity lies in the zone of 40000 to 40100. Support for the commodity lies in the zone of 39400 to 39500 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where short, medium & long term moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 40600 to 40800 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41000 to 41200. If the commodity manages to close above these levels then the commodity can move to the levels of 41900 to 42000 where the commodity has formed a top in the month of September-2017.

Broad range for the commodity in the coming week can be seen between 39500 – 39700 on downside & 41500 – 41700 on upside.

Silver Outlook for the Week (May 07, 2018 – May 11, 2018)

EquityPandit’s Outlook for Silver for the week  (May 07, 2018 – May 11, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 0.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 39000 to 39100 where long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38400 to 38500 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 38005 and close the week around the levels of 38898.

Support for the commodity lies in the zone of 38800 to 39000 where short, medium & long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 37900 to 38000 where the commodity has formed a low in the month of April-2018.

Minor resistance for the commodity lies in the zone of 39500 to 39600. Resistance for the commodity lies in the zone of 40000 to 40100 from where the commodity broke down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40800 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 38000 – 38200 on downside & 40000 – 40200 on upside.

Silver Outlook for the Week (Apr 30, 2018 – May 04, 2018)

EquityPandit’s Outlook for Silver for the week  (Apr 30, 2018 – May 04, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 3.6%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 40000 to 40100. Support for the commodity lies in the zone of 39500 to 39600 from where the commodity broke out of March-2018 high. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where long term moving averages are lying. During the week the commodity manages to hit a low of 38975 and close the week around the levels of 39004.

Support for the commodity lies in the zone of 39000 to 39100 where long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38400 to 38500 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 39500 to 39600. Resistance for the commodity lies in the zone of 40000 to 40100 from where the commodity broke down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40800 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 38000 – 38200 on downside & 40000 – 40200 on upside.

Silver Outlook for the Week (Apr 16, 2018 – Apr 20, 2018)

EquityPandit’s Outlook for Silver for the week  (Apr 16, 2018 – Apr 20, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 38400 to 38500. Resistance for the commodity lies in the zone of 38900 to 39000 where long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 39500 to 39600 from where the commodity has broken down. During the week the commodity manages to hit a high of 39459 and close the week around the levels of 38927.

Minor support for the commodity lies in the zone of 38500 to 38600. Support for the commodity lies in the zone of 38000 to 38100 where the commodity has formed a short term bottom. If the commodity manages to close below these levels then the commodity can drift to the levels of 37500 to 37600 where the commodity has formed a double bottom in the month of February-2018 and March-2018.

Resistance for the commodity lies in the zone of 39500 to 39600 from where the commodity has broken down and high for the month of March-2018 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 where the commodity has formed a high in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 38000 – 38200 on downside & 40000 – 40200 on upside.

Silver Outlook for the Week (Apr 09, 2018 – Apr 13, 2018)

EquityPandit’s Outlook for Silver for the week  (Apr 09, 2018 – Apr 13, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 0.20%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 38600 to 38650. Resistance for the commodity lies in the zone of 38900 to 39000 where long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 39500 to 39600 from where the commodity has broken down. During the week the commodity manages to hit a high of 38847 and close the week around the levels of 38235.

Support for the commodity lies in the zone of 38000 to 38100 where the commodity has formed a short term bottom. If the commodity manages to close below these levels then the commodity can drift to the levels of 37500 to 37600 where the commodity has formed a double bottom in the month of February-2018 and March-2018.

Minor resistance for the commodity lies in the zone of 38400 to 38500. Resistance for the commodity lies in the zone of 38900 to 39000 where long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 39500 to 39600 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 37500 – 37700 on downside & 39000 – 39200 on upside.

Silver Outlook for the Week (Apr 02, 2018 – Apr 06, 2018)

EquityPandit’s Outlook for Silver for the week  (Apr 02, 2018 – Apr 06, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 1.40%.

As we have mentioned last week, that support for the commodity lies in the zone of 38300 to 38400 from where the commodity broke out on intraday basis. If the commodity manages to close below these levels then the commodity can drift to the levels of 37500 to 37600 where the commodity has formed a short term bottom. During the week the commodity manages to hit a low of 38180 and close the week around the levels of 38322.

Support for the commodity lies in the zone of 38300 to 38400 from where the commodity broke out on intraday basis. If the commodity manages to close below these levels then the commodity can drift to the levels of 37500 to 37600 where the commodity has formed a short term bottom.

Minor resistance for the commodity lies in the zone of 38600 to 38650. Resistance for the commodity lies in the zone of 38900 to 39000 where long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 39500 to 39600 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 37500 – 37700 on downside & 39300 – 39500 on upside.

Silver Outlook for the Week (Mar 26, 2018 – Mar 28, 2018)

EquityPandit’s Outlook for Silver for the week  (Mar 26, 2018 – Mar 28, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 38300 to 38400 from where the commodity broke out on intraday basis. If the commodity manages to close below these levels then the commodity can drift to the levels of 37500 to 37600 where the commodity has formed a short term bottom. During the week the commodity manages to hit a low of 38101 and close the week around the levels of 38863.

Support for the commodity lies in the zone of 38300 to 38400 from where the commodity broke out on intraday basis. If the commodity manages to close below these levels then the commodity can drift to the levels of 37500 to 37600 where the commodity has formed a short term bottom.

Resistance for the commodity lies in the zone of 39500 to 39600 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of 40200 to 40300 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 38000 – 38200 on downside & 39800 – 40000 on upside.

Silver Outlook for the Week (Mar 12, 2018 – Mar 16, 2018)

EquityPandit’s Outlook for Silver for the week  (Mar 12, 2018 – Mar 16, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 1.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 39000 to 39100 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 39500 to 39600 from where the commodity has broken down and long term moving averages are lying. During the week the commodity manages to hit a high of 39499 and close the week around the levels of 38950.

Support for the commodity lies in the zone of 38300 to 38400 from where the commodity broke out on intraday basis. If the commodity manages to close below these levels then the commodity can drift to the levels of 37500 to 37600 where the commodity has formed a short term bottom.

Resistance for the commodity lies in the zone of 39500 to 39600 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of 40200 to 40300 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 38000 – 38200 on downside & 40000 – 40200 on upside.

Silver Outlook for the Week (Mar 05, 2018 – Mar 09, 2018)

EquityPandit’s Outlook for Silver for the week  (Mar 05, 2018 – Mar 09, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on absolutely flat note.

As we have mentioned last week, that support for the commodity lies in the zone of 38300 to 38400 from where the commodity broke out on intraday basis and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 37500 to 37600 where the commodity has formed a short term bottom. During the week the commodity manages to hit a low of 38289 and close the week around the levels of 38848.

Support for the commodity lies in the zone of 38300 to 38400 from where the commodity broke out on intraday basis. If the commodity manages to close below these levels then the commodity can drift to the levels of 37500 to 37600 where the commodity has formed a short term bottom.

Resistance for the commodity lies in the zone of 39000 to 39100 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 39500 to 39600 from where the commodity has broken down and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 37500 – 37600 on downside & 39700 – 39800 on upside.

Silver Outlook for the Week (Feb 26, 2018 – Mar 02, 2018)

EquityPandit’s Outlook for Silver for the week  (Feb 26, 2018 – Mar 02, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 0.70.

As we have mentioned last week, that support for the commodity lies in the zone of 38300 to 38400 from where the commodity broke out on intraday basis and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 37500 to 37600 where the commodity has formed a short term bottom. During the week the commodity manages to hit a low of 38087 and close the week around the levels of 38403.

Support for the commodity lies in the zone of 38300 to 38400 from where the commodity broke out on intraday basis and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 37500 to 37600 where the commodity has formed a short term bottom.

Resistance for the commodity lies in the zone of 39000 to 39100 where long term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 39500 to 39600 from where the commodity broke down.

Broad range for the commodity in the coming week can be seen between 37500 – 37600 on downside & 39500 – 39600 on upside.

Silver Outlook for the Week (Feb 19, 2018 – Feb 23, 2018)

EquityPandit’s Outlook for Silver for the week  (Feb 19, 2018 – Feb 23, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 2.90%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 38400 to 38500 from where the commodity broke down from January-2018 lows and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 39000 to 39100 where long term moving averages are lying. During the week the commodity manages to hit a high of 38870 and close the week around the levels of 38665.

Support for the commodity lies in the zone of 38300 to 38400 from where the commodity broke out on intraday basis and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 37500 to 37600 where the commodity has formed a short term bottom.

Resistance for the commodity lies in the zone of 39000 to 39100 where long term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 39500 to 39600 from where the commodity broke down.

Broad range for the commodity in the coming week can be seen between 37500 – 37600 on downside & 39500 – 39600 on upside.

Silver Outlook for the Week (Feb 12, 2018 – Feb 16, 2018)

EquityPandit’s Outlook for Silver for the week  (Feb 12, 2018 – Feb 16, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 2.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 39000 to 39100 where medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 where highs for the month of November-2017 and January-2018 are lying. During the week the commodity manages to hit a high of 39114 and close the week around the levels of 37578.

Support for the commodity lies in the zone of 37300 to 37400 from where the commodity broke out on weekly charts. If the commodity manages to close below these levels then the commodity can drift to the levels of 36700 to 36800 where the commodity has formed a bottom in the month of December-2017.

Resistance for the commodity lies in the zone of 38400 to 38500 from where the commodity broke down from January-2018 lows and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 39000 to 39100 where long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 36500 – 36600 on downside & 39000 – 39100 on upside.

Silver Outlook for the Week (Feb 05, 2018 – Feb 09, 2018)

EquityPandit’s Outlook for Silver for the week  (Feb 05, 2018 – Feb 09, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 3.30%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 39600 to 39700. Support for the commodity lies in the zone of 39200 to 39300 where medium & long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38500 to 38600 where short term moving averages and Fibonacci levels are lying. During the week the commodity manages to hit a low of 38475 and close the week around the levels of 38651.

Support for the commodity lies in the zone of 38500 to 38600 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 37900 to 38000 from where the commodity broke out on weekly charts.

Resistance for the commodity lies in the zone of 39000 to 39100 where medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 where highs for the month of November-2017 and January-2018 are lying.

Broad range for the commodity in the coming week can be seen between 37500 – 37600 on downside & 39500 – 39600 on upside.

Silver Outlook for the Week (Jan 29, 2018 – Feb 02, 2018)

EquityPandit’s Outlook for Silver for the week  (Jan 29, 2018 – Feb 02, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 2.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 38500 to 38600 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38000 to 38100 where break out levels are lying. During the week the commodity manages to hit a low of 38402 and close the week around the levels of 39960.

Minor support for the commodity lies in the zone of 39600 to 39700. Support for the commodity lies in the zone of 39200 to 39300 where medium & long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38500 to 38600 where short term moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 40000 to 40200 where highs for the month of November-2017 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 39000 – 39200 on downside & 40800 – 40900 on upside.

Silver Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for Silver for the week  (Jan 22, 2018 – Jan 25, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 0.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 38700 to 38800 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38000 to 38100 where break out levels are lying. During the week the commodity manages to hit a low of 38573 and close the week around the levels of 38969.

Support for the commodity lies in the zone of 38500 to 38600 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38000 to 38100 where break out levels are lying.

Resistance for the commodity lies in the zone of 39200 to 39300 where medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 where highs for the month of November-2017 are lying.

Broad range for the commodity in the coming week can be seen between 38000 – 38200 on downside & 40000 – 40200 on upside.

Silver Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for Silver for the week  (Jan 15, 2018 – Jan 19, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 0.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 38700 to 38800 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38000 to 38100 where break out levels are lying. During the week the commodity manages to hit a low of 38666 and close the week around the levels of 39063.

Support for the commodity lies in the zone of 38700 to 38800 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38000 to 38100 where break out levels are lying.

Resistance for the commodity lies in the zone of 39200 to 39300 where medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 where highs for the month of November-2017 are lying.

Broad range for the commodity in the coming week can be seen between 38000 – 38200 on downside & 40000 – 40200 on upside.

Silver Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for Silver for the week  ( Jan 08, 2018 – Jan 12, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on absolutely flat note.

As we have mentioned last week, that resistance for the commodity lies in the zone of 39300 to 39400 where medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 where highs for the month of November-2017 are lying. During the week the commodity manages to hit a high of 39372 and close the week around the levels of 39253.

Support for the commodity lies in the zone of 38700 to 38800 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38000 to 38100 where break out levels are lying.

Resistance for the commodity lies in the zone of 39300 to 39400 where medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 where highs for the month of November-2017 are lying.

Broad range for the commodity in the coming week can be seen between 38000 – 38200 on downside & 40000 – 40200 on upside.

Silver Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for Silver for the week  Jan 01, 2018 – Jan 05, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 3.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 38000 to 38100 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of 38600 to 38700 from where the commodity has broken down from double bottom pattern and short term moving averages are lying. During the week the commodity manages to hit a high of 39313 and close the week around the levels of 39237.

Support for the commodity lies in the zone of 38700 to 38800 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38000 to 38100 where break out levels are lying.

Resistance for the commodity lies in the zone of 39300 to 39400 where medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 where highs for the month of November-2017 are lying.

Broad range for the commodity in the coming week can be seen between 38000 – 38200 on downside & 40000 – 40200 on upside.

Silver Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for Silver for the week  (Dec 26, 2017 – Dec 29, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 2.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 37500 to 37700 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38000 to 38100 from where the commodity has broken down. During the week the commodity manages to hit a high of 38058 and close the week around the levels of 37954.

Support for the commodity lies in the zone of 37500 to 37700 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 36900 to 37000 where the commodity has taken support in the month of August-2017.

Resistance for the commodity lies in the zone of 38000 to 38100 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of 38600 to 38700 from where the commodity has broken down from double bottom pattern and short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 37000 – 37200 on downside & 38800 – 39000 on upside.

Silver Outlook for the Week (Dec 18, 2017 – Dec 22, 2017)

EquityPandit’s Outlook for Silver for the week  (Dec 18, 2017 – Dec 22, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 0.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 37500 to 37700 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38000 to 38100 from where the commodity has broken down. During the week the commodity manages to hit a high of 37548 and close the week around the levels of 37205.

Support for the commodity lies in the zone of 36900 to 37000 where the commodity has taken support in the month of August-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 35400 to 35500 where the commodity has formed a bottom in the month of July-2017.

Resistance for the commodity lies in the zone of 37500 to 37700 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38000 to 38100 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 35400 – 35500 on downside & 38600 – 38700 on upside.

Silver Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Silver for the week  (Dec 11, 2017 – Dec 15, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 1.40%.

As we have mentioned last week, that support for the commodity lies in the zone of 36900 to 37000 where the commodity has taken support in the month of August-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 35400 to 35500 where the commodity has formed a bottom in the month of July-2017. During the week the commodity manages to hit a low of 36872 and close the week around the levels of 37055.

Support for the commodity lies in the zone of 36900 to 37000 where the commodity has taken support in the month of August-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 35400 to 35500 where the commodity has formed a bottom in the month of July-2017.

Resistance for the commodity lies in the zone of 37500 to 37700 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38000 to 38100 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 35400 – 35500 on downside & 38600 – 38700 on upside.

Silver Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Silver for the week  (Dec 04, 2017 – Dec 08, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 4.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 39000 to 39100 where medium term moving averages and long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38600 to 38700 where the commodity has formed a low in the month of October-2017. During the week the commodity manages to hit a low of 37300 and close the week around the levels of 37582.

Support for the commodity lies in the zone of 36900 to 37000 where the commodity has taken support in the month of August-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 35400 to 35500 where the commodity has formed a bottom in the month of July-2017.

Resistance for the commodity lies in the zone of 38000 to 38100 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of 38600 to 38700 from where the commodity has broken down from double bottom pattern.

Broad range for the commodity in the coming week can be seen between 35400 – 35500 on downside & 38600 – 38700 on upside.

Silver Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Silver for the week  (Nov 27, 2017 – Dec 01, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 1.90%.

As we have mentioned last week, that support for the commodity lies in the zone of 39700 to 39800 where long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where medium term moving averages and long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 39162 and close the week around the levels of 39241.

Support for the commodity lies in the zone of 39000 to 39100 where medium term moving averages and long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38600 to 38700 where the commodity has formed a low in the month of October-2017.

Resistance for the commodity lies in the zone of 39700 to 39800 where long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40200 to 40300 from where the commodity has sold off.

Broad range for the commodity in the coming week can be seen between 38500 – 38600 on downside & 40000 – 40100 on upside.

Silver Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Silver for the week  (Nov 20, 2017 – Nov 24, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 39500 to 39600. Resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci levels and top for the month of October-2017 is lying. During the week the commodity manages to hit a high of 40208 and close the week around the levels of 40013.

Support for the commodity lies in the zone of 39700 to 39800 where long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where medium term moving averages and long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 40650 to 40750 where Fibonacci levels and top for the month of October-2017 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41300 to 41500 from where the commodity has sold off in the month of September-2017.

Broad range for the commodity in the coming week can be seen between 39000 – 39100 on downside & 41500 – 41600 on upside.

Silver Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for Silver for the week  (Nov 13, 2017 – Nov 17, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 1.20%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 39500 to 39600 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40100 where 200 daily moving averages are lying. During the week the commodity manages to hit a high of 40100 and close the week around the levels of 39507.

Support for the commodity lies in the zone of 39000 to 39100 where medium term moving averages and long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38500 from where the commodity has broken out in the month of August-2017.

Minor resistance for the commodity lies in the zone of 39500 to 39600. Resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci levels and top for the month of October-2017 is lying.

Broad range for the commodity in the coming week can be seen between 38500 – 38600 on downside & 40500 – 40600 on upside.

Silver Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for Silver for the week  (Nov 06, 2017 – Nov 10, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 0.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 39500 to 39600 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40100 where 200 daily moving averages are lying. During the week the commodity manages to hit a high of 39900 and close the week around the levels of 39048.

Support for the commodity lies in the zone of 39000 to 39100 where medium term moving averages and long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38500 from where the commodity has broken out in the month of August-2017.

Resistance for the commodity lies in the zone of 39500 to 39600 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40100 where 200 daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 38300 – 38400 on downside & 40000 – 40100 on upside.

Silver Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for Silver for the week  (Oct 30, 2017 – Nov 03, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 1.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 40040 and close the week around the levels of 39149.

Support for the commodity lies in the zone of 39000 to 39100 where medium term moving averages and long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38500 from where the commodity has broken out in the month of August-2017.

Resistance for the commodity lies in the zone of 39500 to 39600 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40100 where 200 daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 38300 – 38400 on downside & 40000 – 40100 on upside.

Silver Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for Silver for the week  (Oct 23, 2017 – Oct 27, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 1.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 40700 to 40800 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41200 to 41300 from where the commodity has sold off. During the week the commodity manages to hit a high of 40632 and close the week around the levels of 39877.

Support for the commodity lies in the zone of 39600 to 39700 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where medium term moving averages are lying.

Resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 39000 – 39100 on downside & 40500 – 40600 on upside.

Silver Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Silver for the week  (Oct 16, 2017 – Oct 19, 2017) :

SILVER:

 

SILVER 1

 

SILVER (40399) closed the week on positive note gaining around 2.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 40479 and close the week around the levels of 40400.

Support for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 39600 to 39700 where short term moving averages are lying.

Resistance for the commodity lies in the zone of 40700 to 40800 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41200 to 41300 from where the commodity has sold off.

Broad range for the commodity in the coming week can be seen between 39300 – 39400 on downside & 41200 – 41300 on upside.

Silver Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Silver for the week  (Oct 09, 2017 – Oct 13, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39596) closed the week on positive note gaining around 0.40%.

As we have mentioned last week that support for the commodity lies in the zone of 39100 to 39300 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where break out levels for the commodity is lying. During the week the commodity manages to hit a low of 38710 and close the week around the levels of 39596.

Support for the commodity lies in the zone of 39100 to 39300 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 38300 – 38400 on downside & 40500 – 40700 on upside.

Silver Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Silver for the week  (Oct 03, 2017 – Oct 06, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39457) closed the week on negative note losing around 0.70%.

As we have mentioned last week that support for the commodity lies in the zone of 39100 to 39200 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where break out levels for the commodity is lying. During the week the commodity manages to hit a low of 39309 and close the week around the levels of 39457.

Support for the commodity lies in the zone of 39100 to 39300 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 38300 – 38400 on downside & 40500 – 40700 on upside.

Silver Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Silver for the week  (Sep 25, 2017 – Sep 29, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39727) closed the week on negative note losing around 2.70%.

As we have mentioned last week that support for the commodity lies in the zone of 40600 to 40700 from where the commodity broke out of June-2017 highs and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 40000 to 40100 where 200 daily moving averages are lying. During the week the commodity manages to hit a low of 39515 and close the week around the levels of 39727.

Support for the commodity lies in the zone of 39100 to 39200 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 38300 – 38400 on downside & 40500 – 40700 on upside.

Silver Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Silver for the week  (Sep 18, 2017 – Sep 22, 2017) :

SILVER:

 

SILVER 1

 

SILVER (40814) closed the week on negative note losing around 1.80%.

Support for the commodity lies in the zone of 40600 to 40700 from where the commodity broke out of June-2017 highs and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 40000 to 40100 where 200 daily moving averages are lying.

Minor resistance for the commodity lies in the zone of 41500 to 41600. Resistance for the commodity lies in the zone of 42000 to 42200 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 42500 to 42600 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 40000 – 40200 on downside & 42000 – 42200 on upside.

Silver Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for Silver for the week  (Aug 28, 2017 – Sep 01, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39012) closed the week on negative note losing around 0.10%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 39300 to 39500. Resistance for the commodity lies in the zone of 40000 to 40200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci level is lying. During the week the commodity manages to hit a high of 39288 and close the week around the levels of 39012.

Support for the commodity lies in the zone of 38800 to 38900 from where the commodity broke out of double top pattern. If the commodity manages to close below these levels then the commodity can drift to the levels of 38100 to 38200 where short term moving averages are lying.

Minor resistance for the commodity lies in the zone of 39300 to 39500. Resistance for the commodity lies in the zone of 40000 to 40200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 38100 – 38200 on downside & 40000 – 40200 on upside.

Silver Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for Silver for the week  (Aug 21, 2017 – Aug 25, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39063) closed the week on negative note losing around 0.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 38800 to 38900 from where the commodity broke out of double top pattern. If the commodity manages to close below these levels then the commodity can drift to the levels of 38100 to 38200 where short term moving averages are lying. During the week the commodity manages to hit a low of 38305 and close the week around the levels of 39063.

Support for the commodity lies in the zone of 38800 to 38900 from where the commodity broke out of double top pattern. If the commodity manages to close below these levels then the commodity can drift to the levels of 38100 to 38200 where short term moving averages are lying.

Minor resistance for the commodity lies in the zone of 39300 to 39500. Resistance for the commodity lies in the zone of 40000 to 40200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 38100 – 38200 on downside & 40000 – 40200 on upside.

Silver Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for Silver for the week  (Aug 14, 2017 – Aug 18, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39194) closed the week on positive note gaining around 5.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 37000 to 37200 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 35500 to 35600 where the commodity has formed a bottom in the month of July-2017. During the week the commodity manages to hit a low of 36935 and close the week around the levels of 39194.

Support for the commodity lies in the zone of 38800 to 38900 from where the commodity broke out of double top pattern. If the commodity manages to close below these levels then the commodity can drift to the levels of 38100 to 38200 where short term moving averages are lying.

Minor resistance for the commodity lies in the zone of 39300 to 39500. Resistance for the commodity lies in the zone of 40000 to 40200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 38100 – 38200 on downside & 40000 – 40200 on upside.

Silver Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for Silver for the week  (Aug 07, 2017 – Aug 11, 2017) :

SILVER:

 

SILVER 1

 

SILVER (37262) closed the week on negative note losing around 3.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 38500 to 38600 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38800 to 39000 from where the commodity has sold off. During the week the commodity manages to hit a high of 38820 and close the week around the levels of 37262.

Support for the commodity lies in the zone of 37000 to 37200 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 35500 to 35600 where the commodity has formed a bottom in the month of July-2017.

Resistance for the commodity lies in the zone of 37500 to 37700 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38500 to 38600 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 35500 – 35600 on downside & 38500 – 38600 on upside.

Silver Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for Silver for the week  (July 31, 2017 – Aug 04, 2017) :

SILVER:

 

SILVER 1

 

SILVER (38460) closed the week on positive note gaining around 0.80%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 37950 to 38000. Support for the commodity lies in the zone of 37500 to 37700 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 37000 to 37200 where break out levels for the commodity is lying. During the week the commodity manages to hit a low of 37652 and close the week around the levels of 38460.

Minor support for the commodity lies in the zone of 37950 to 38000. Support for the commodity lies in the zone of 37500 to 37700 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 37000 to 37200 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 38500 to 38600 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38800 to 39000 from where the commodity has sold off.

Broad range for the commodity in the coming week can be seen between 37500 – 37700 on downside & 39300 – 39500 on upside.

Silver Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for Silver for the week  (July 24, 2017 – July 28, 2017) :

SILVER:

 

SILVER 1

 

SILVER (38150) closed the week on positive note gaining around 3.20%.

As we have mentioned last week that resistance for the commodity lies in the zone of 36800 to 37000. If the commodity manages to close above these levels then the commodity can move to the levels of 37500 to 37700 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 38170 and close the week around the levels of 38150.

Minor support for the commodity lies in the zone of 37950 to 38000. Support for the commodity lies in the zone of 37500 to 37700 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 37000 to 37200 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 38500 to 38600 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38800 to 39000 from where the commodity has sold off.

Broad range for the commodity in the coming week can be seen between 37000 – 37200 on downside & 38800 – 39000 on upside.

Silver Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for Silver for the week  (July 17, 2017 – July 21, 2017) :

SILVER:

 

SILVER 1

 

SILVER (36970) closed the week on positive note gaining around 2.00%.

As we have mentioned last week that support for the commodity lies in the zone of 35500 to 35700 where the commodity has formed a bottom in the month of April-2016. If the commodity manages to close below these levels then the commodity can witness a free fall and can drift to the levels of 33500 to 34000. During the week the commodity manages to hit a low of 35460 and close the week around the levels of 36970.

Minor support for the commodity lies in the zone of 36200 to 36400. Support for the commodity lies in the zone of 35500 to 35700 where the commodity has formed a bottom in the month of April-2016. If the commodity manages to close below these levels then the commodity can witness a free fall and can drift to the levels of 33500 to 34000.

Resistance for the commodity lies in the zone of 36800 to 37000. If the commodity manages to close above these levels then the commodity can move to the levels of 37500 to 37700 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 35500 – 35700 on downside & 37800 – 38000 on upside.

Silver Outlook for the Week (July 10, 2017 – July 14, 2017)

EquityPandit’s Outlook for Silver for the week  (July 10, 2017 – July 14, 2017) :

SILVER:

 

SILVER 1

 

SILVER (36231) closed the week on negative note losing around 5.50%.

As we have mentioned last week that minor support for the commodity lies in the zone of 38300 to 38400. Support for the commodity lies in the zone of 37500 to 37700 where the commodity has formed a bottom in the month of May-2017. If the commodity manages to close below these levels then the commodity can witness a free fall and can drift to the levels of 33500 to 34000. During the week the commodity manages to hit a low of 35980 and close the week around the levels of 36231.

Support for the commodity lies in the zone of 35500 to 35700 where the commodity has formed a bottom in the month of April-2016. If the commodity manages to close below these levels then the commodity can witness a free fall and can drift to the levels of 33500 to 34000.

Resistance for the commodity lies in the zone of 36800 to 37000. If the commodity manages to close above these levels then the commodity can move to the levels of 37500 to 37700 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 35000 – 35300 on downside & 37500 – 37700 on upside.

Silver Outlook for the Week (July 03, 2017 – July 07, 2017)

EquityPandit’s Outlook for Silver for the week  (July 03, 2017 – July 07, 2017) :

SILVER:

 

SILVER 1

 

SILVER (38344) closed the week on negative note losing around 0.40%.

As we have mentioned last week that minor resistance for the commodity lies in the zone of 38800 to 39000. Resistance for the commodity lies in the zone of 39600 to 39700 from where the commodity broke down on weekly basis. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 38920 and close the week around the levels of 38344.

Minor support for the commodity lies in the zone of 38300 to 38400. Support for the commodity lies in the zone of 37500 to 37700 where the commodity has formed a bottom in the month of May-2017. If the commodity manages to close below these levels then the commodity can witness a free fall and can drift to the levels of 33500 to 34000.

Minor resistance for the commodity lies in the zone of 38800 to 39000. Resistance for the commodity lies in the zone of 39600 to 39700 from where the commodity broke down on weekly basis. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 37300 – 37500 on downside & 39300 – 39500 on upside.

Silver Outlook for the Week (June 26, 2017 – June 30, 2017)

EquityPandit’s Outlook for Silver for the week  (June 26, 2017 – June 30, 2017) :

SILVER:

 

SILVER 1

 

SILVER (38488) closed the week on absolutely flat note.

As we have mentioned last week that minor support for the commodity lies in the zone of 38300 to 38400. Support for the commodity lies in the zone of 37500 to 37700 where the commodity has formed a bottom in the month of May-2017. If the commodity manages to close below these levels then the commodity can witness a free fall and can drift to the levels of 33500 to 34000. During the week the commodity manages to hit a low of 37811 and close the week around the levels of 38488.

Minor support for the commodity lies in the zone of 38300 to 38400. Support for the commodity lies in the zone of 37500 to 37700 where the commodity has formed a bottom in the month of May-2017. If the commodity manages to close below these levels then the commodity can witness a free fall and can drift to the levels of 33500 to 34000.

Minor resistance for the commodity lies in the zone of 38800 to 39000. Resistance for the commodity lies in the zone of 39600 to 39700 from where the commodity broke down on weekly basis. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 37300 – 37500 on downside & 39600 – 39800 on upside.

Silver Outlook for the Week (June 19, 2017 – June 23, 2017)

EquityPandit’s Outlook for Silver for the week  (June 19, 2017 – June 23, 2017) :

SILVER:

 

SILVER 1

 

SILVER (38481) closed the week on negative note losing 3.00%.

As we have mentioned last week that minor resistance for the commodity lies in the zone of 39900 to 40000. Resistance for the commodity lies in the zone of 40600 to 40700 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41100 to 41200 where medium term moving averages are lying. During the week the commodity manages to hit a high of 39821 and close the week around the levels of 38481.

Minor support for the commodity lies in the zone of 38300 to 38400. Support for the commodity lies in the zone of 37500 to 37700 where the commodity has formed a bottom in the month of May-2017. If the commodity manages to close below these levels then the commodity can witness a free fall and can drift to the levels of 33500 to 34000.

Minor resistance for the commodity lies in the zone of 39100 to 39300. Resistance for the commodity lies in the zone of 39600 to 39700 from where the commodity broke down on weekly basis. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 37300 – 37500 on downside & 39600 – 39800 on upside.

Silver Outlook for the Week (June 12, 2017 – June 16, 2017)

EquityPandit’s Outlook for Silver for the week  (June 12, 2017 – June 16, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39694) closed the week on negative note losing 1.50%.

As we have mentioned last week that resistance for the commodity lies in the zone of 40600 to 40700 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41100 to 41200 where medium term moving averages are lying. Above these levels the commodity can move to the levels of 41700 to 41800 where 200 daily moving averages are lying. During the week the commodity manages to hit a high of 40842 and close the week around the levels of 39694.

Support for the commodity lies in the zone of 39300 to 39500 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 38800 to 39000 where break out levels for the commodity is lying. Below these levels the commodity can drift to the levels of 38400 to 38500.

Minor resistance for the commodity lies in the zone of 39900 to 40000. Resistance for the commodity lies in the zone of 40600 to 40700 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41100 to 41200 where medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 38500 – 38700 on downside & 40500 – 40700 on upside.

Silver Outlook for the Week (June 05, 2017 – June 09, 2017)

EquityPandit’s Outlook for Silver for the week  (June 05, 2017 – June 09, 2017) :

SILVER:

 

SILVER 1

 

SILVER (40274) closed the week on positive note gaining around 0.50%.

As we have mentioned last week that minor support for the commodity lies in the zone of 39700 to 39900. Support for the commodity lies in the zone of 39300 to 39500 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 38800 to 39000. During the week the commodity manages to hit a low of 39333 and close the week around the levels of 40274.

Minor support for the commodity lies in the zone of 39800 to 39900. Support for the commodity lies in the zone of 39300 to 39500 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 38800 to 39000.

Resistance for the commodity lies in the zone of 40600 to 40700 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41100 to 41200 where medium term moving averages are lying. Above these levels the commodity can move to the levels of 41700 to 41800 where 200 daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 39100 – 39200 on downside & 41000 – 41200 on upside.

Silver Outlook for the Week (May 29, 2017 – June 02, 2017)

EquityPandit’s Outlook for Silver for the week  (May 29, 2017 – June 02, 2017) :

SILVER:

 

SILVER 1

 

SILVER (40091) closed the week on positive note gaining around 2.50%.

As we have mentioned last week that resistance for the commodity lies in the zone of 39000 to 39300 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 39800 to 40000 from where the commodity broke down from major support. During the week the commodity manages to hit a high of 40195 and close the week around the levels of 40091.

Minor support for the commodity lies in the zone of 39700 to 39900. Support for the commodity lies in the zone of 39300 to 39500 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 38800 to 39000.

Resistance for the commodity lies in the zone of 40500 to 40700 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41100 to 41300 where medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 39100 – 39200 on downside & 41000 – 41200 on upside.

Silver Outlook for the Week (May 22, 2017 – May 26, 2017)

EquityPandit’s Outlook for Silver for the week  (May 22, 2017 – May 26, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39111) closed the week on positive note gaining around 2.50%.

As we have mentioned last week that minor resistance for the commodity lies in the zone of 38300 to 38500. Resistance for the commodity lies in the zone of 39000 to 39300 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 39800 to 40000 from where the commodity broke down from major support. During the week the commodity manages to hit a high of 39375 and close the week around the levels of 39111.

Support for the commodity lies in the zone of 38300 to 38500 where trend-line support for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 37700 to 37800 where long term Fibonacci level is lying.

Resistance for the commodity lies in the zone of 39000 to 39300 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 39800 to 40000 from where the commodity broke down from major support.

Broad range for the commodity in the coming week can be seen between 38100 – 38200 on downside & 40000 – 40200 on upside.

Silver Outlook for the Week (May 15, 2017 – May 19, 2017)

EquityPandit’s Outlook for Silver for the week  (May 15, 2017 – May 19, 2017) :

SILVER:

 

SILVER 1

 

SILVER (38155) closed the week on negative note losing around 0.40%.

As we have mentioned last week that support for the commodity lies in the zone of 38300 to 38500 where the commodity has formed a bottom in the month of December-2016 and long term Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can witness a freefall and can drift to the levels of 35400 to 35500. During the week the commodity manages to hit a low of 37720 and close the week around the levels of 38155.

Support for the commodity lies in the zone of 37700 to 37800 where long term Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can witness a freefall and can drift to the levels of 35400 to 35500.

Minor resistance for the commodity lies in the zone of 38300 to 38500. Resistance for the commodity lies in the zone of 39000 to 39300 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 39800 to 40000 from where the commodity broke down from major support.

Broad range for the commodity in the coming week can be seen between 37100 – 37300 on downside & 39000 – 39200 on upside.

Silver Outlook for the Week (May 08, 2017 – May 12, 2017)

EquityPandit’s Outlook for Silver for the week  (May 08, 2017 – May 12, 2017) :

SILVER:

 

SILVER 1

 

SILVER (38305) closed the week on negative note losing around 3.00%.

As we have mentioned last week that support for the commodity lies in the zone of 39100 to 39200 where weekly moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 38300 to 38500 where the commodity has formed a bottom in the month of December-2016. During the week the commodity manages to hit a low of 37504 and close the week around the levels of 38305.

Support for the commodity lies in the zone of 38300 to 38500 where the commodity has formed a bottom in the month of December-2016 and long term Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can witness a freefall and can drift to the levels of 35400 to 35500.

Resistance for the commodity lies in the zone of 39000 to 39300 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 39800 to 40000 from where the commodity broke down from major support.

Broad range for the commodity in the coming week can be seen between 36100 – 36300 on downside & 40000 – 40200 on upside.

Silver Outlook for the Week (May 01, 2017 – May 05, 2017)

EquityPandit’s Outlook for Silver for the week  (May 01, 2017 – May 05, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39503) closed the week on negative note losing around 4.30%.

As we have mentioned last week that support for the commodity lies in the zone of 40750 to 40900 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 40100 to 40300 where the commodity has opened gap up. During the week the stock manages to hit a low of 39400 and close the week around the levels of 39503.

Support for the commodity lies in the zone of 39100 to 39200 where weekly moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 38300 to 38500 where the commodity has formed a bottom in the month of December-2016.

Minor resistance for the commodity lies in the zone of 39800 to 40000. Resistance for the commodity lies in the zone of 40500 to 40700 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41300 to 41500 where medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 38000 – 38300 on downside & 40700 – 40900 on upside.

Silver Outlook for the Week (April 24, 2017 – April 28, 2017)

EquityPandit’s Outlook for Silver for the week  (April 24, 2017 – April 28, 2017) :

SILVER:

 

SILVER 1

 

SILVER (41289) closed the week on negative note losing around 3.00%.

As we have mentioned last week that resistance for the commodity lies in the zone of 43000 to 43100 where 200 Daily MA is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 43400 to 43600 where Fibonacci level and high of the month of February-2017 is lying. During the week the commodity manages to hit a high of 42750 and close the week around the levels of 41289.

Support for the commodity lies in the zone of 40750 to 40900 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 40100 to 40300 where the commodity has opened gap up.

Minor resistance for the commodity lies in the zone of 41600 to 41800. Resistance for the commodity lies in the zone of 42150 to 42250 where short term moving average and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 42800 to 42900 where the commodity is facing resistance and 200 Daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 40000 – 40200 on downside & 42200 – 42400 on upside.

Silver Outlook for the Week (April 17, 2017 – April 21, 2017)

EquityPandit’s Outlook for Silver for the week  (April 17, 2017 – April 21, 2017) :

SILVER:

 

SILVER 1

 

SILVER (42571) closed the week on positive note gaining around 2.90%.

As we have mentioned last week that support for the commodity lies in the zone of 41000 to 41200 from where the commodity broke out after consolidation. If the commodity manages to close below these levels then the commodity can drift to the levels of 40700 to 40800 where Fibonacci level is lying. During the week the commodity manages to hit a low of 41006 and close the week around the levels of 42571.

Support for the commodity lies in the zone of 42200 to 42300 where Fibonacci level and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 41400 to 41500 where medium term moving averages are lying.

Resistance for the commodity lies in the zone of 43000 to 43100 where 200 Daily MA is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 43400 to 43600 where Fibonacci level and high of the month of February-2017 is lying.

Broad range for the commodity in the coming week can be seen between 41400 – 41500 on downside & 43500 – 43600 on upside.

Silver Outlook for the Week (April 10, 2017 – April 14, 2017)

EquityPandit’s Outlook for Silver for the week  (April 10, 2017 – April 14, 2017) :

SILVER:

 

SILVER 1

 

SILVER (41379) closed the week on negative note losing around 2.20%.

As we have mentioned last week that minor support for the commodity lies in the zone of around 41800 to 41900. Support for the commodity lies in the zone of 41500 to 41600 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 41000 to 41200 from where the commodity broke out after consolidation. During the week the commodity manages to hit a low of 41128 and close the week around the levels of 41379.

Support for the commodity lies in the zone of 41000 to 41200 from where the commodity broke out after consolidation. If the commodity manages to close below these levels then the commodity can drift to the levels of 40700 to 40800 where Fibonacci level is lying.

Minor resistance for the commodity lies in the zone of 41500 to 41600. Resistance for the commodity lies in the zone of 42200 to 42300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 43000 to 43100 where 200 Daily SMA is lying.

Broad range for the commodity in the coming week can be seen between 40500 – 40600 on downside & 42000 – 42100 on upside.

Silver Outlook for the Week (April 03, 2017 – April 07, 2017)

EquityPandit’s Outlook for Silver for the week  (April 03, 2017 – April 07, 2017) :

SILVER:

 

SILVER 1

 

SILVER (42326) closed the week on a positive note gaining around 1.90%.

As we have mentioned last week that minor resistance for the commodity lies in the zone of 41700 to 41800. Resistance for the commodity lies in the zone of 42200 to 42300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 43000 to 43100 where 200 Daily SMA is lying. During the week the commodity manages to hit a high of 42440 and close the week around the levels of 42326.

Minor support for the commodity lies in the zone of around 41800 to 41900. Support for the commodity lies in the zone of 41500 to 41600 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 41000 to 41200 from where the commodity broke out after consolidation.

Resistance for the commodity lies in the zone of 42200 to 42300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 43000 to 43100 where 200 Daily SMA is lying.

Broad range for the commodity in the coming week can be seen between 41000 – 41200 on downside & 43000 – 43200 on upside.

Silver Outlook for the Week (March 27, 2017 – March 31, 2017)

EquityPandit’s Outlook for Silver for the week (March 27, 2017 – March 31, 2017) :

SILVER:

 

SILVER 1

 

SILVER (41530) closed the week on a positive note gaining around 1.50%.

As we have mentioned last week that minor resistance for the commodity lies in the zone of 40100 to 40200. Resistance for the commodity lies in the zone of 41500 to 41700 where short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 42000 to 42200 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 41618 and close the week around the levels of 41530.

Minor support for the commodity lies in the zone of around 41100 to 41200. Support for the commodity lies in the zone of 40700 to 40800 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 40200 to 40400 where the commodity has opened gap up on 16/03/2017.

Minor resistance for the commodity lies in the zone of 41700 to 41800. Resistance for the commodity lies in the zone of 42200 to 42300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 43000 to 43100 where 200 Daily SMA is lying.

Broad range for the commodity in the coming week can be seen between 40000 – 40100 on downside & 42800 – 43000 on upside.

Silver Outlook for the Week (March 20, 2017 – March 24, 2017)

EquityPandit’s Outlook for Silver for the week (March 20, 2017 – March 24, 2017) :

SILVER:

 

SILVER 1

 

SILVER (40909) closed the week on a positive note gaining around 1.00%.

As we have mentioned last week that minor support for the commodity lies in the zone of around 40300 to 40400. Support for the commodity lies in the zone of 39900 to 39950 where the commodity broke out on intraday basis. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where the commodity has formed a bottom in the month of December-2016. During the week the commodity manages to hit a low of 39808 and close the week around the levels of 40909.

Minor support for the commodity lies in the zone of around 40300 to 40400. Support for the commodity lies in the zone of 39900 to 39950 where the commodity broke out on intraday basis. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where the commodity has formed a bottom in the month of December-2016.

Minor resistance for the commodity lies in the zone of 40100 to 40200. Resistance for the commodity lies in the zone of 41500 to 41700 where short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 42000 to 42200 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 39800 – 40000 on downside & 41800 – 42000 on upside.

Silver Outlook for the Week (March 13, 2017 – March 17, 2017)

EquityPandit’s Outlook for Silver for the week (March 13, 2017 – March 17, 2017) :

SILVER:

 

SILVER 1

 

SILVER (40528) closed the week with a negative note losing around 5.60%.

As we have mentioned last week that minor resistance for the commodity lies in the zone of 43000 to 43100. Resistance for the commodity lies in the zone of 43500 to 43700 where Fibonacci levels is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 44400 to 44600 where Fibonacci levels and commodity sold off in the month of November-2016. During the week the commodity manages to hit a high of 42799 and sold off to close the week around the levels of 40528.

Minor support for the commodity lies in the zone of around 40300 to 40400. Support for the commodity lies in the zone of 39900 to 39950 where the commodity broke out on intraday basis. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where the commodity has formed a bottom in the month of December-2016.

Minor resistance for the commodity lies in the zone of 40700 to 40800. Resistance for the commodity lies in the zone of 41500 to 41700 where short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 42000 to 42200 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 38800 – 38900 on downside & 41800 – 42000 on upside.

Silver Outlook for the Week (March 06, 2017 – March 10, 2017)

EquityPandit’s Outlook for Silver for the week (March 06, 2017 – March 10, 2017) :

SILVER:

 

SILVER 1

 

SILVER (42942) closed the week with a negative note losing around 1.00%.

As we have mentioned last week that minor support for the commodity lies in the zone of around 42800 to 43000. Support for the commodity lies in the zone of 42400 to 42500 where the commodity has taken multiple support on intraday basis. If the commodity manages to close below these levels then the commodity can drift to the levels of 42000 to 42200 where Fibonacci level is lying. During the week the commodity manages to hit a low of 42069 and close the week around the levels of 42942.

Minor support for the commodity lies in the zone of around 42700 to 42800. Support for the commodity lies in the zone of 42400 to 42500 where the commodity has taken multiple support on intraday basis. If the commodity manages to close below these levels then the commodity can drift to the levels of 42000 to 42200 where Fibonacci level is lying.

Minor resistance for the commodity lies in the zone of 43000 to 43100. Resistance for the commodity lies in the zone of 43500 to 43700 where Fibonacci levels is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 44400 to 44600 where Fibonacci levels and commodity sold off in the month of November-2016.

Broad range for the commodity in the coming week can be seen between 42000 – 42100 on downside & 43900 – 44000 on upside.

Silver Outlook for the Week (February 27, 2017 – March 03, 2017)

EquityPandit’s Outlook for Silver for the week (February 27, 2017 – March 03, 2017) :

SILVER:

 

SILVER 1

 

SILVER (43353) closed the week with a positive note gaining around 1.00%.

As we have mentioned last week that minor support for the commodity lies in the zone of around 42400 to 42500. Support for the commodity lies in the zone of 42000 to 42200 from where the commodity broke out and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 41200 to 41300 where the commodity has taken multiple support and medium term moving averages are lying. During the week the commodity manages to hit a low of 42415 and close the week around the levels of 43353.

Minor support for the commodity lies in the zone of around 42800 to 43000. Support for the commodity lies in the zone of 42400 to 42500 where the commodity has taken multiple support on intraday basis. If the commodity manages to close below these levels then the commodity can drift to the levels of 42000 to 42200 where Fibonacci level is lying.

Resistance for the commodity lies in the zone of 43500 to 43700 where Fibonacci levels is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 44400 to 44600 where Fibonacci levels and commodity sold off in the month of November-2016.

Broad range for the commodity in the coming week can be seen between 42400 – 42500 on downside and 43900 – 44000 on upside.

Silver Outlook for the Week (February 20, 2017 – February 24, 2017)

EquityPandit’s Outlook for Silver for the week (February 20, 2017 – February 24, 2017) :

SILVER:

 

SILVER 1

 

SILVER (42937) closed the week with a positive note gaining around 0.80%.

As we have mentioned last week that minor support for the commodity lies in the zone of around 42000 to 42200 where Fibonacci levels are lying. Support for the commodity lies in the zone of 41400 to 41500 where the commodity has taken multiple support and medium term moving averages are lying. During the week the commodity manages to hit a low of 42222 and close the week around the levels of 42937.

Minor support for the commodity lies in the zone of around 42400 to 42500. Support for the commodity lies in the zone of 42000 to 42200 from where the commodity broke out and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 41200 to 41300 where the commodity has taken multiple support and medium term moving averages are lying.

Minor resistance for the commodity lies in the zone of 43000 to 43100. Resistance for the commodity lies in the zone of 43500 to 43700 where Fibonacci levels is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 44400 to 44600 where Fibonacci levels and commodity sold off in the month of November-2016.

Broad range for the commodity in the coming week can be seen between 42100 – 42200 on downside and 43800 – 43900 on upside.

Silver Outlook for the Week (February 13, 2017 – February 17, 2017)

EquityPandit’s Outlook for Silver for the week (February 13, 2017 – February 17, 2017) :

SILVER:

 

SILVER 1

 

SILVER (42597) closed the week with a positive note gaining around 1.90%.

Minor support for the commodity lies in the zone of around 42000 to 42200 where Fibonacci levels are lying. Support for the commodity lies in the zone of 41400 to 41500 where the commodity has taken multiple support and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 40600 to 40700 where Fibonacci levels, short term moving averages and short term bottom is lying.

Minor resistance for the commodity lies in the zone of 42700 to 42800. Resistance for the commodity lies in the zone of 43500 to 43700 where Fibonacci levels is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 44400 to 44600 where Fibonacci levels and commodity sold off in the month of November-2016.

It seems the commodity is forming a Inverse Head & Shoulder pattern on daily basis where neck-line for the same lies in the zone of 42700 to 42800 levels. If the commodity manages to close above these levels for couple of days then target for the pattern can be in the range of 46000.

Broad range for the commodity in the coming week can be seen between 41200 – 41400 on downside and 43700 – 43900 on upside.