Silver Short 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.
SIU1! trade ideas
Silver - Correction Time?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. :)
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
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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 blw 79100 update edu pur.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
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.
Bullish view on Silver.●Today SILVER made new all time high.
●Pattern observed is rectangle pattern breakout.
Silver : Bullish breakoutSilver 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 financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
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SilverSilver has been in wide sideways range since past 3 year. Any retracement from here towards the horizontal zone lines could be final retracement before taking out the upper edge of the rectangle and give clear breakout. Next 2 year may be good be bulls.
Silver sell on risejust like gold silver gap up on 20th march the price is fading its buying momentum and with that bias im looking for sell on rise setup
which i think 75300 could be the short entry and sl will be 75500 with the target of 74300 and second target of 73600
conclusion the target area are possible area to boost the buying liquidity again there will be exiting the trade
Silver MCX Future Weekly Chart Analysis 1-5 April, 24🥈 SILVER 29 APR WEEKLY FUT LEVELS
🎯 Weekly Range: 1016
📉 Buy at: 74907.89 | Average at: 74788.0
🎯 Buy Target 1: 75675.89 | 🎯 Target 2: 76064.0
🛑 Buyer Stoploss: 74569.22
📉 Sell at: 74668.11
🎯 Sell Target 1: 74420.11 | 🎯 Target 2: 74032.0
🛑 Seller Stoploss: 75006.78
#Silver #SilverTrading #SilverFutures #SilverOptions #CommoditiesTrading #TradingStrategy #SilverPrice #MCX #CommoditiesFutures #CommoditiesOptions
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Silver MCX Future Weekly Chart Analysis 18-22 Mar.📊 SILVER 29 APR WEEKLY FUT LEVELS
Weekly Range: 2466
- Buy at: 75106.99
- Buy Target 1: 77173.99, Target 2: 78116
- Avg. Position: 74816
- Buyer SL: 74284.99
- Sell at: 74525.01
- Sell Target 1: 74126.01, Target 2: 73184
- Seller SL: 75347.01
silver momentum update blwsilver stya blw 75550 looks dwn gfall 75200-74800 one can sell with hurdel sl 25.25$ in mcx small sl only use
Silver : Buy above 72000 for a Big uptrendSilver after a long consolidation is going to break this and going upward with a bang.
Buy silver above 72000 with stop loss 70500 tgt 1 : 75000, tgt 2 : 78000 and still moving further higher.
silver spot or mcx update blwsilver spot stya abv 24.25 looks up side 24.60+++++ in mcx 74450 stya abv up side 75000+++++ buy on dips sl 74020
Silver 76300 and 78100 Target pending buy given at 70700 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 update after buy tgt hitsell silver 73480@--550 sl 877 tgt hold looking dwn fall blw 23.80$ till 23.60--23.40 sell on ris emust with sl
silver mcx updatesilver stya abv 73950 up side till 74300-600+++++ expect buy on dips with 73700 sl or gold abv 64779 looks 65000+++++
Silver MCX now at 73300p buy given at 70700 enjoy 2600 points 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
