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moneymarine
Oct 19, 2021 2:59 PM

Long MCX SILVER Long

Silver FuturesMCX

Description

SILVER was trading under the Resistance trendline since mid May (shown in black in chart), but today it gave a breakthrough opening in the morning on MCX.

If it closes above 63800, then we can make a long position in current contract for a major profit.

LOGN SILVER @ 64800.

Silver has a major resistance at ₹ 65800, if it gives a closing above this level, then we can expect an upper movement of 5000-6000 in silver.
Comments
Harihar_09
Sir mai 61560 se hold kar raha hu...aur hold karu kaya sir?
moneymarine
@mohanrajgor01, How much quantit? you can book 50% profit now and buy again above 65800. It has a resistance at 65700.
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