moneymarine

Long MCX SILVER

Long
MCX:SILVER1!   SILVER FUTURES
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 .