Very Bullish on Silver Any one who interest to invest in silver ... This is the best time to buy silver as we can see that silver has give a big time breakout above the 26 dollar so its a clear sign that the buyer has come to flow upward price of the silver . . .
As you also know that the silver and gold is a good asset class . so wants to beat inflation with minimum risk can go with the silver and gold as well gold is also asset class but today my idea is specific about only one that is silver. . .
remember this line .
TRADE OF DEACDE IS SILVER RIGHT NOW DATED(05/04/2024)
In my opionion here are best available instrument in the area of silver to invest in india:-
1:-Tata silver etf (in my opinion this is best than nippon silver etf)
2:-Buy physical silver directly from your nearest jwellery shop
this 2 option is best to invest in silver in india . . .
if you want to purchase etf then you only want a demat account and you can easily purchase this tata silver etf
Disclaimer i invested in silver already
Disclaime:-i am not sebi registered all loss as well as profit you totally yours , i am not responsible for any kind of profit or loss solely you are responbile for that
my resoposbility is to share idea with you which i think that .
thanks for reading waiting for your profitable comment
Ratecut
Nifty : Expecting Range before RBI Day...Tomorrow being RBI day its usual for Nifty to give only scalping trade chances. We slightly have a different view from yesterdays but still in-line with what we are expecting with Nifty.On lower timeframe's scalping chances will arise whether its move till 10110 or on bearish reversal with formation of double-top. Be conservative on the formation of double-top bcos it can either give a wick to upside hitting out stops or if there is formation of new high double top is failure.
So, thats why this particular Double-top should be traded with care & RSI showing bit of divergence too ( not formed yet ) , check after the completion of double top whether you still have that divergence. But anyway, for next 2 days Nifty will be range only ( just expecting ) bcos of RBI day & rate cut hopes. And if these rate cuts happen, it further fuels the bulls, New highs in Nifty in coming days.
Do remember these are not single day move, its overall Market Direction...