MCX SILVER last week showed sideways movement, on daily charts it moves in a channel pattern and consolidates around the lower band of channel. 53500 is seen as crucial support for it below this breakout is expected of channel and may find next support around 52500. On other hand if it break resistance of 55400 then it may touch upper band of channel i.e. around 57000.
S T R A T E G Y
Better strategy in the MCX SILVER at this point of time is to sell below 53500. For the target of 52500, with stop loss of 55000.
For more information Click Here
Stock Tips, Commodity Tips
S T R A T E G Y
Better strategy in the MCX SILVER at this point of time is to sell below 53500. For the target of 52500, with stop loss of 55000.
For more information Click Here
Stock Tips, Commodity Tips
RSS Feed