Silver Futures (Dec 2023) trade ideas

Shalvisharma5

Timeframe: 4-hour ⏰ A simple story unfolds as silver crafts a triangle pattern. Keep your eyes peeled for an exciting breakthrough above 84000, hinting at potential fireworks ahead! 🚀 More than 2600 points ahead. DO YOU AGREE WITH THIS IDEA? GIVE IT THUMBS UP

amit16aks

As seen on chart, a Harmonic pattern can be recognized. So, assuming a reversal can take place from the given price level, A small risk trade can be taken with a tight SL. Targets are marked on chart.

tradingmarcos

📊 Silver MCX Future Technical Chart Analysis 📅 29 May Future 🎯 Range Point: 83507 🎯 Weekly Range: 1586 📉 Buy Above: 83716 📉 Average At: 83529 🎯 Buy Target 1: 84487 🎯 Buy Target 2: 85093 🛑 Buyer Stoploss: 83187 📉 Sale Below: 83342 🎯 Sale Target 1: 82527 🎯 Sale Target 2: 81921 🛑 Seller Stoploss: 83871 Please follow/boost or respond what do you think of this...

pankajarora232 Updated 

A 1:1 movement (on Daily) has completed with a rising wedge in the end. Expecting a 1.5-2k point pull back to start with. A very good RR trade. :)

maneeshaggarwal Updated 

Silver May consolidate Between 79000-82860. Ready to buy on dips

tradingmarcos

Silver MCX 29 May Future Technical Chart Analysis 📊 Range Point: 82813 📈 Weekly Range: 5398 🎯 Buy Above: 84064 🎯 Average At: 83427 🎯 Buy Target 1: 86149 🎯 Buy Target 2: 88211 🛑 Buyer Stoploss: 82265 📉 Sale Below: 82790 🎯 Sale Target 1: 79477 🎯 Sale Target 2: 77415 🛑 Seller Stoploss: 84589 Don't forget to reciprocate your love by boosting, following and...

rajeshtatineni85

Technical Indicators and Outlook: Technical indicators suggest a strong momentum for silver, backed by positive Chinese service PMI data and a closely correlated movement with gold prices. The gold-silver ratio also offers insights into future price movements, making silver an attractive option for investors. Investment Advice: Given the favorable market...

udhaya0000 Updated 

Looks like Silver Micro is moving towards 86950, lets see if that happens

Shalvisharma5

📉 #Silver finds support at 79400, but watch out! 🔸If it dips below 79250, brace for a potential plunge of 300-900 points. 📈 Bullish zone at 80700. 🕓Timeframe: 1 Hour Good above 80700 Target1: 82000 Target2: 83100 Bearish below 79250 Target1:78900 Target2: 78400

pankajarora232

Silver had a strong run up till 86k, after which profit booking was seen which brought it down till 83k. Now, pull back of the first wave of profit booking seems complete, which gives another opportunity to take a short trade.

JaiPrakashShuklaHarmonicTrader

On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...

tradingmarcos

📊 SILVER 29 APR WEEKLY FUT LEVELS 🎯 Weekly Range: 6020.00 📉 Buy at: 78730.36 🎯 Buy Target 1: 84583.36 🎯 Buy Target 2: 86883.00 📉 Average Position: 78020.00 🛑 Buyer Stoploss: 76723.69 📉 Sell at: 77309.64 🎯 Sell Target 1: 77142.64 🎯 Sell Target 2: 74843.00 🛑 Seller Stoploss: 79316.31

aktradelearning

#Silver has given multi week consolidation breakout on MCX, there is high probability of it going toward that much awaited 6 digits mark very soon. The breakout also looks very health as it has consolidated well enough for quite some time near ATH resistance. RSI has also broken out of a particular triangle pattern and indicating a RSI range shift, which...

kailashcfa33 Updated 

silver stya blw 79100 looks breakdown tgt 78100--77600 sell on rise with tight sl 79422 spot blw 26.50 dwn only looks 261.0

Shalvisharma5

TimeFrame: 1 Day Price Levels: Silver is currently trading above the crucial psychological level of 79000, indicating strong investor interest and bullish sentiment in the market. Current Price: 79650 Target: 80300- 80400 All-Time Highs: The ongoing price action has resulted in the establishment of consecutive all-time highs, suggesting an uptrend with...

marketwala

SILVER CMP 79536 add till 74000 weak below 68000 can go uptp 104000 (9-12 MONTHS)

Chandragopal

●Today SILVER made new all time high. ●Pattern observed is rectangle pattern breakout.

maneeshaggarwal Updated 

Silver is breaking out of the Bullish flag. Go with trend Buy Silver here 75350 sl 74900 tgt 75900, 76400 Put Stoploss will on closing basis. (In Trading Time it may go above/below stoploss But closing price is most important). These are levels are generated on the basis on Fibonacci Series Disclaimer:- Please always do your own analysis or consult with your...