MCX Silver trend is bearish for medium-long term .Currently mcx Silver is in downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing BUY signal For short term mcx Silver is in HOLD LONG position
SILVER SUPPORT AND RESISTANCE :-
Support for the Silver is 53642-52630-51952-51446
Resistance for the Silver is 56751-57255
MCX COMMODITY TIPS TODAY :- (click to get on mobile)
Crude Oil (July Futures) MCX: Buy -4365-4370, stoploss -4330, Target -4490
Copper (August Futures) MCX: Buy -435-436, stoploss -432, Target-442
Silver (September Futures) MCX: Buy -54300-54350, stoploss -53 930,target -55000
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