Silver MCX Dec. Future - Intraday Analysis - 29 Sept. 25

SILVER1!
Silver Futures have surged to 142,140, now testing major resistance after a steady rally and approaching a critical neutral decision zone.

Bullish (Long) Setup
Long Entry (140,017):

Initiate longs above 140,017 as rising momentum confirms reversal and break of previous resistance.

Additional exposure can be considered at 139,347 if dips are bought and price holds above this add-long level, supporting continuation of the uptrend.

Upside Targets:

145,402 (Target 1): Next mapped supply, logical for partial profit booking if momentum persists.

147,574 (Target 2): Higher resistance zone and extension target.

Stop Loss:

Tight stops below 139,000 to reduce risk, as breakdown signals failed bullish move.

Bearish (Short) Setup
Short Entry (138,676):

Short positions can be initiated below 138,676 if Silver reverses and breaks through fresh support, confirming bear control.

Downside Targets:

138,376 (Target 1): Prior bounce zone and first covering/profit area.

136,204 (Target 2): Deeper mapped extension for aggressive selling.

Stop Loss:

Shorts should be covered if Silver sustains above 140,017, minimizing drawdown on failed breakdowns.

Range/Neutral Logic
Neutral Zone (141,889):

Price near this pivot invites consolidation or choppy action; best to await breakout or breakdown outside the neutral range before committing major exposures.

Sustained action above 142,140 supports further buying, while slips below 141,889 hint at short-term reversal.

This setup ensures disciplined, risk-managed trading for both momentum and reversal participants in MCX Silver intraday.

Follow Chart Pathik on Day to Day update on Silver MCX Future.