Silver Short (23 Nov)Intraday
Silver Short (23 Nov)
RSI- 47
Sell at CMP- 61450
SL- 61690
Target- 60850
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MCX-SILVER
SILVER VIEW silver is sell on rise as there is no change in the fundamentals yet so break above the given resistance line is not seen in near future so we continue to drop in the downward channel also it depends on the behaviour of dollar index and cpi data of usa so upcoming Data can be used as a trigger for change in the fundamentals and can help silver to get above the resistance and shine again Till the time we are experiencing low industrial demand.
Silver Long (03 Jan)Silver Long (03 Jan)
RSI- 61
Buy at CMP- 6290
SL- 62290
Target- 62935, 63225, 63460
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Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Silver Gonna crash?One can see in the charts that all levels on daily and weekly timeframes are tested. The white trend line keeps on adjusting as we go while blue is intact, signs of distribution.
once it comes to confluence zone(intersection of 2 trend lines) , perfect short opportunity.
It is a positional trade so we have to be patient.
Targets
Passive- 56000
Aggressive - 51500
SILVERMIC | Again at Channel support lets try 900 pointsSILVERMIC | Again at Channel support lets try 900 points
CMP : 71750
SL : 71300
SL : 72600
1:2+ risk reward setup
SELL SILVER MCXSELL SILVER MCX cmp:- 47337 stoploss:-48800 target :- 43650
IN DAILY TIME FRAME RSI BUILD STRONG NEGATIVE DIVERGENCE SO I WILL TAKE TRADE FOR SHORT
II AM NOT SEBI REGISTERED ANALYST SO TAKE TRADE ACCORDINGLY YOUR FINANCIAL EXPERTS.
MCX Silver Prices Go NEGATIVE! What’s Next?Silver is going to take a short reversal for a while. And then BOOM...!!!
Hurdle: 47000
A gesture is enough for a smart investor.
copper reversal trade ( with small stop loss) risk reward as far as i think its good in long trade , then to go short ,
i can be wrong but its fine , as the sl is small , while in short trade i might get stuck ! and reward nthere is clearly undefined !
