Silver sell we will see good fallOn 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
QI1! trade ideas
silver mcx or spot update edu. pur.silver spot eys on 26.60 stya blw looks dwn fall 26.20--25.50 soon where hurdel 27.20 only sustain abv thna new rally possible otherwise mkt come up or hold blw 27.20 thna dwn only. mcx 82711 if stya abv thna mkt up possible other wise mkt stya blw 81500 thna dwn fall expect 80880--80300+++++ more lvl stya tuned with us
Silver MCX May Future Weekly Chart Technical Analysis 6-10 May📊 Silver MCX May Future Weekly Chart Technical Analysis 6-10 May, 2024
🎯 Weekly Movement Point: 81043
🎯 Weekly Range in Points: 2415
📉 Buy Above: 81767
📉 Average At: 81483
🎯 Buy Target 1: 82535
🎯 Buy Target 2: 83458
🛑 Buyer Stoploss: 80962
📉 Sale Below: 81198
🎯 Sale Target 1: 79551
🎯 Sale Target 2: 78628
🛑 Seller Stoploss: 82003
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Silver - Rangebound. Demand zone around 80,000.On a daily chart MCX Silver trading at 81150, we have seen profit booking which took silver from 87000 to 81150, almost 6.75%.
At Current juncture Silver is trading in a rangebound, one can go long in Silver around 80500-80000 for the initial target of 87000, further 90000 levels.
SILVER AT SUPPORT Silver is at angular support in daily tf. bullish reverse divergence is also seen in daily tf where the price is making a higher low but oscillators are making a lower low.
monthly time frame is positive, silver is showing bullish signs. 78596 is a strong support zone.
study purpose. kindly do your own study before taking any trades.
Silver again sell at 81400 , we are holding sell grom 84500On 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver sell given from 85000 , 5000 points profit running 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver MCX Future Weekly Technical Chart Analysis 29-3 May📊 Silver MCX Future Technical Chart Analysis
📅 29 May Future
🎯 Range Point: 80680
🎯 Weekly Range: 3139
📉 Buy Above: 81301
📉 Average At: 80931
🎯 Buy Target 1: 82620
🎯 Buy Target 2: 83819
🛑 Buyer Stoploss: 80255
📉 Sale Below: 80560
🎯 Sale Target 1: 78740
🎯 Sale Target 2: 77541
🛑 Seller Stoploss: 81606
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Silver MCX Future Weekly Technical Chart Analysis 22-26 April
📊 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
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Silver MCX Future Weekly Technical Analysis Details:
Traders diving into Silver MCX Future should brace themselves for an eventful week ahead, guided by distinct levels and a delineated weekly range.
Key Levels:
Range Point: 83507
Weekly Range: 1586 points
Buy Scenario:
For traders inclined towards long positions, a keen eye on the market for an upsurge beyond 83716 is warranted. Establishing an entry at 83529 could secure a stable average position. Ambitious targets for buyers are set at 84487 and 85093, suggesting potential bullish momentum. To mitigate downside risk, it's prudent to implement a stop-loss at 83187.
Sell Scenario:
Alternatively, a descent below 83342 might offer opportunities for short positions. Sellers eyeing targets at 82527 and 81921 should exercise caution. Implementing robust risk management strategies is essential, with a stop-loss set at 83871 to safeguard against potential losses.
As traders navigate the Silver MCX Future, a comprehensive grasp of these levels and disciplined risk management practices will be pivotal for capitalizing on opportunities while mitigating risks effectively.
Silver Sell on rise till ATH not break get 3200 points on upmoveOn 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver MCX Future Weekly Technical Chart Analysis for 15-19 ApriSilver 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 responding, your actions fuel my efforts to do even better for you!
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Silver Shines Bright: Riding High Towards ₹1 Lakh Amidst Strong 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 conditions and strong fundamentals, investors are advised to consider adding silver to their portfolios, particularly on dips towards ₹82,849, which is preferred for fresh entry. The medium to long-term upside potential towards ₹1 lakh and beyond presents a compelling opportunity for investors seeking exposure to precious metals this year.
Conclusion:
In conclusion, the surge in silver prices, fueled by a myriad of factors including industrial demand, geopolitical tensions, and technical indicators, indicates a bullish outlook for the precious metal. Investors are urged to capitalize on this opportunity by considering silver as a valuable addition to their investment portfolios, with the potential for significant returns in the medium to long term.
📊 SILVER 29 APR WEEKLY CHART FUT LEVELS FOR 8-12 APRIL 📊 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
Silver Update || Apr 5 || MCX
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 considerable momentum.
Trend Line Analysis: Within the 1-day timeframe, a discernible trend line can be observed, consistently connecting the successive highs. This trend line serves as a visual representation of the prevailing bullish momentum in the market.
Bullish Momentum: The consistent upward movement in silver prices, coupled with the formation of all-time highs and the supportive trend line, underscores the prevailing bullish sentiment and momentum in the market.