NileshThete
Short

Silver...Seem to be in new uptrend....

COMEX:SIK2016   SILVER FUTURES
88 0 3
Silver             seems to have completed 1,2 and we are finishing minor wave 1 of 3 @ current level..Should see some down moves in silver             next week to complete minor wave 2 of 3....Strategy: short on any weakness tgting 16.5-15.8
Trade closed: target reached: We are very near our target in just 14 trading days....There is still lot of momentum on downside...Get ready to buy it again between 15.5 to 15.9...There has to be EOD reversal candle to get into buy position...
Comment:
Comment: It looking like a double correction..GEt ready to buy around 15.6 - 15.9 lvls....Buy only on EOD singal.
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