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jay-chopra

IS IT SMART TO ADD SILVER IN THE PORTFOLIO AT CURRENT LEVELS ?

Long
Silver Futures (MCX:SILVER1!)  
jay-chopra  
MCX:SILVER1!   Silver Futures
Beyond Technical Analysis Silver MCX silverlong silverfutures diversification portfolio
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beyondta silver mcx silverlong silverfutures diversification portfolio
SILVER1! NO FAVOURABLE CHART PATTERNS, NO TECHNICAL SIGNS OF REVERSAL.

Can a contra bet of long positions be initiated at current levels ?
Well, the retail investors looking for diversification of their portfolio's, have a great opportunity to add silver futures. The risk reward ratio is favourable at current rates plus there is a high chance of bounce back and short covering at the expiry.

But again,
One cannot predict the downfall from the current levels as there are no indications in the chart patterns. Just a blind trade.


The idea shared is for educational purpose only.
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