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Commodity market today i.e. on 31 jan had opened with a firm note cum negative note. Commodity market noticed a fall on monday's trade and following the market trend and cues , today's trading session will remain volatile. Lets talk about the MCX Silver trend today. Silver prices are expected to test 57500 – 58000 on higher end, one can enter long around 56800 – 56900.Oscillators are in positive zone.
Silver (Mar) Support and resistance
Silver Support Levels :- Technical Support levels for the silver is marked as S3 - 54800, S2- 55700, S1- 56500.
Silver Resistance Levels :- Technical resistance levels for the silver is near R1- 57500, R2 - 58200, R3- 58700
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