Dear All,
Silver sold off badly ...now what next .... we recommend to Buy Silver Dec Between 58000----57450 target 61561---62543---63284 stoploss 56800 .
Why we recommend Buy ,reason will be clear from following charts .
From Monthly charts it is clear that we are in B wave of 4 wave Down ..abc done in triangle .. we either have completed d wave down and now starting e wave up to complete triangle else a of done we are going for b up for d then we will come for c down of d .......in both case ....in short term prices seems to tend up .
chk charts .
Silver sold off badly ...now what next .... we recommend to Buy Silver Dec Between 58000----57450 target 61561---62543---63284 stoploss 56800 .
Why we recommend Buy ,reason will be clear from following charts .
From Monthly charts it is clear that we are in B wave of 4 wave Down ..abc done in triangle .. we either have completed d wave down and now starting e wave up to complete triangle else a of done we are going for b up for d then we will come for c down of d .......in both case ....in short term prices seems to tend up .
chk charts .
Thanks & Regards
Abhay Mehrotra
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