MCX SILVER TIPS TODAY

"MCX SILVER TIPS"

MCX SILVER TREND 8 Oct, INTRADAY SILVER TIPS 8 Oct, SILVER TREND TODAY 8 Oct, LIVE SILVER PRICE

Good Morning dear readers, Commodity market was on slightly down trend on friday 7th Oct. Major down fall is noticed in crude oil yesterday. MCX bullion metals Gold and Silver were also trading down with some points. Commodity market today is expected to open on weak note but it can rise on global demands in the mid session. Commodity traders and investors are advised to play with small lots as market may behave volatile as well as put a safe side with strict stoploss.

SILVER TECHNICAL OUTLOOK (Support and Resistance)

Support for the Silver is 51351

Resistance for the Silver is 53574-58029-58134-59852-60351

SILVER TIPS & LIVE SILVER PRICE

Silver live price is 52,200.00 kg.

Currently Silver is in HOLD LONG position Silver is in sideways but the trend looks weak so better buy above 54241.0 or hold with stop at 48477.0 The oscillator is showing BUY signal


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