MTECHTIPS

MTECHTIPS:-SILVER
The silver  gained sharply in  yesterday’s trade and the commodity breached the crucial resistance of 56500 in the process. Sustaining  above these levels of 56500 will be a positive signal for the markets. Silver will witness strong support at lower levels around 56000. Strong resistance in the commodity comes above the  57000 levels, and if the commodity manages to breach and hold above these levels we may witness silver testing 57600 levels also.