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MCX

Silver ( XAGUSD )My idea to trade silver as sell on rallies As the fundamental on Silver is not improving economic activities are slow . A very important to be taken note of Silver is a industrial utility the demand and supply need to focus on and this has a major impact on the fundamentals of silver . Till the time we are seeing EUR going down and rates keep on increasing this will not make this improving in near future .Ema will be acting as a resistance and if we break above ema then we can see some changes in the trend till the time we are in down trend and will be continued .
MCX:SILVER1!Short
by palkeshjain06
MCX Natural Gas is high but avoid sell and holdNatural gas futures in MCX and NYMEX is touching new highs day by day and may create temptation for derivative traders to sell and hold by looking at the premium in price. Price may stay higher for quiet some time and may touch 900 in MCX. Fundamental factors and political stress are supporting NG price at this moment. So short term buying is better preferred and selling need a confirmation that will be published here on a later time.
MCX:NATURALGAS2!Long
by SathishKavinchal
1
IS IT SMART TO ADD SILVER IN THE PORTFOLIO AT CURRENT LEVELS ?MCX: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.
MCX:SILVER1!Long
by jay-chopra
3