On daily chart, MCX SILVER moves in downward channel last week it got resistance on upper band of channel. Now, if it gives closing above 56500 then we expect some upward movement in it but have to face resistance on 57750. Below 55000 it get support around lower band of channel i.e. 53500 if break this level then next support is seen around 51400.
S T R A T E G Y
Better strategy in the MCX SILVER at this point of time is to buy above 56500. For the target of 57700, with stop loss of 55500.
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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 buy above 56500. For the target of 57700, with stop loss of 55500.
For more information Click Here
Stock tips, Commodity tips
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