Parameter Data Data
Asset Name Silver (SILVER1!) MCX Mar 2026 Futures
Current Trade 🟨 WAIT & WATCH / Buy on Dips (Wait for a clear bounce near S1)
Price Movement 🟨 Consolidation/Slightly Bearish (-0.29% approx. from previous close)
SMC Structure 🟩 Strong Bullish Order Flow / High-level consolidation phase.
Trap/Liquidity Zones Bullish Trap Zone: Above ₹1,84,400 (Falsi breakout possibility). Liquidity Target: ₹1,80,600 - ₹1,80,000 (Strong demand zone).
Supports 🟩 S1: ₹1,80,647 (Immediate Pivot/Demand) 🟩 S2: ₹1,78,942 (Key Technical Support) 🟩 S3: ₹1,76,894 (Major Structural Support/20 DEMA)
Resistances 🟥 R1: ₹1,84,400 (Immediate Resistance/Supply) 🟥 R2: ₹1,86,448 (Strong Supply Zone) 🟥 R3: ₹1,88,153 (Major High/Target)
Risk Reward 1 : 1.5 [ Breakout above ₹1,84,400 & Breakdown below ₹1,80,600]
Probability 🟨 58% Upside Continuation (Trend is strong, but correction due)
Confidence 🟨 22/30 (High structural conviction, low short-term momentum conviction)
Max Pain 🟨 N/A (Minimal relevance for commodity futures)
DEMA Levels 🟩 Price well above 20/50 DEMA (Strong long-term bullish trend)
ADX/RSI/DMI 🟨 RSI (14) \approx 70-73 range (Overbought/High Momentum) / ADX \approx 32 (Strong Trend)
Market Depth 🟩 Slightly Bullish (Low volume selling, quick absorption expected at supports)
Volatility (IV/RV) 🟥 High/Rising Volatility (Sharp, two-sided moves expected)
Source Ledger MCX, COMEX, Industrial Demand Data, COT Positioning
OI (Open Interest) 🟨 Flat/Minor Contraction (Short-covering ke baad, fresh long buildup ka intezaar hai)
PCR (Put-Call Ratio) 🟩 Favorable/Bullish (Options data lower support levels par strong buying dikha raha hai)
VWAP 🟩 Price trading above daily VWAP (Intraday bias positive)
Turnover 🟨 Moderate (Highs par volume kam hai)
Harmonic Pattern 🟨 N/A (Strong trending market)
IV/RV 🟨 IV Skew: Neutral (Options market mein koi extreme panic nahi)
Options Skew 🟨 Neutral-to-Positive (Call-side option demand hai)
Vanna/Charm 🟨 N/A (Advanced Options Greek Data)
Block Trades 🟩 Institutional Buys Detected (Lower levels par buying interest high)
COT Positioning 🟩 Net Long (Speculators heavily net long)
Cross-Asset Correlation 🟩 Strong Positive with XAUUSD / 🟥 Strong Inverse with DXY
ETF Rotation 🟩 Strong Inflows (Global Silver ETF inflows strong hain)
Sentiment Index 🟩 Greed (Bullish sentiment market mein haavi hai)
OFI (Order Flow Index) 🟩 Positive (Buy-side flow active hai, lekin profit booking bhi)
Delta 🟩 Call Delta Active (Upside momentum ka indication)
VWAP Bands 🟨 Price VWAP bands ke upper side par trade kar raha hai
Rotation Metrics 🟩 Commodity/Metals leading the rotation
Market Phase 🟩 Mark-Up/Consolidation (Bullish phase mein temporary correction)
Asset Name Silver (SILVER1!) MCX Mar 2026 Futures
Current Trade 🟨 WAIT & WATCH / Buy on Dips (Wait for a clear bounce near S1)
Price Movement 🟨 Consolidation/Slightly Bearish (-0.29% approx. from previous close)
SMC Structure 🟩 Strong Bullish Order Flow / High-level consolidation phase.
Trap/Liquidity Zones Bullish Trap Zone: Above ₹1,84,400 (Falsi breakout possibility). Liquidity Target: ₹1,80,600 - ₹1,80,000 (Strong demand zone).
Supports 🟩 S1: ₹1,80,647 (Immediate Pivot/Demand) 🟩 S2: ₹1,78,942 (Key Technical Support) 🟩 S3: ₹1,76,894 (Major Structural Support/20 DEMA)
Resistances 🟥 R1: ₹1,84,400 (Immediate Resistance/Supply) 🟥 R2: ₹1,86,448 (Strong Supply Zone) 🟥 R3: ₹1,88,153 (Major High/Target)
Risk Reward 1 : 1.5 [ Breakout above ₹1,84,400 & Breakdown below ₹1,80,600]
Probability 🟨 58% Upside Continuation (Trend is strong, but correction due)
Confidence 🟨 22/30 (High structural conviction, low short-term momentum conviction)
Max Pain 🟨 N/A (Minimal relevance for commodity futures)
DEMA Levels 🟩 Price well above 20/50 DEMA (Strong long-term bullish trend)
ADX/RSI/DMI 🟨 RSI (14) \approx 70-73 range (Overbought/High Momentum) / ADX \approx 32 (Strong Trend)
Market Depth 🟩 Slightly Bullish (Low volume selling, quick absorption expected at supports)
Volatility (IV/RV) 🟥 High/Rising Volatility (Sharp, two-sided moves expected)
Source Ledger MCX, COMEX, Industrial Demand Data, COT Positioning
OI (Open Interest) 🟨 Flat/Minor Contraction (Short-covering ke baad, fresh long buildup ka intezaar hai)
PCR (Put-Call Ratio) 🟩 Favorable/Bullish (Options data lower support levels par strong buying dikha raha hai)
VWAP 🟩 Price trading above daily VWAP (Intraday bias positive)
Turnover 🟨 Moderate (Highs par volume kam hai)
Harmonic Pattern 🟨 N/A (Strong trending market)
IV/RV 🟨 IV Skew: Neutral (Options market mein koi extreme panic nahi)
Options Skew 🟨 Neutral-to-Positive (Call-side option demand hai)
Vanna/Charm 🟨 N/A (Advanced Options Greek Data)
Block Trades 🟩 Institutional Buys Detected (Lower levels par buying interest high)
COT Positioning 🟩 Net Long (Speculators heavily net long)
Cross-Asset Correlation 🟩 Strong Positive with XAUUSD / 🟥 Strong Inverse with DXY
ETF Rotation 🟩 Strong Inflows (Global Silver ETF inflows strong hain)
Sentiment Index 🟩 Greed (Bullish sentiment market mein haavi hai)
OFI (Order Flow Index) 🟩 Positive (Buy-side flow active hai, lekin profit booking bhi)
Delta 🟩 Call Delta Active (Upside momentum ka indication)
VWAP Bands 🟨 Price VWAP bands ke upper side par trade kar raha hai
Rotation Metrics 🟩 Commodity/Metals leading the rotation
Market Phase 🟩 Mark-Up/Consolidation (Bullish phase mein temporary correction)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.