Silver yesterday showed a quiet trading for most of the day but later ended higher tracking gains in gold and base metal prices. Silver opened at 29085 and promptly traded to a low of 29075. The commodity leapt to a high of 29475, on the back of zealous base metals and a fragile dollar before closing the day slightly depleted at 29366. Now support for the silver is seen at 29136 and below could see a test of 28905. Resistance is now likely to be seen at 29536, a move above could see prices testing 29705.

Trading Ideas:

Silver trading range is 28905-29705.
Silver yesterday ended higher tracking firmness in gold and base metal prices
Silver is taking resistance at 29480 and support is at 29220.
In spot silver looks to take support at 18.38$ and resistance at 18.72$
BUY SILVER JULY @ 29200-29260 SL BELOW 29100 TGT 29310-29385-29480.MCX