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Pranav_Tulshyan
Feb 3, 2022 5:33 PM

Silver at very strong Support Long

Silver FuturesMCX

Description

Silver is once again at its very strong support. I see a opportunity for buying @60000 with a SL at 57800( Just below the rectangle box).

In the past we have seen it getting rejected twice from 200dma so that will be our immediate short term Target @65000

The other levels marked(66650,70000,73150) are all important Support/Resistance levels which will be our further targets in the medium term if the price breaks above 200dma.

Pls do give me a thumbs up if you liked my analysis😊, Good Luck trading!👍
Comments
sgpyuvan
Very good analyze
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