Silver price change #silver trading for Intraday on Silver as per price action as silver consolidated near 57000 to 56600 on thurday level. So these levels will act as the support and resistance again and here its forming the consolidation pattern. another major trendline coming up from the high of 13 septemberso for the buyer once that trendline breaks will give the breakout. and downside breakout is possible when the level of 56600 got breakout....by SUTHARTRADE112
🥈 #Silver possible move MCX:SILVER1! set up says silver is bullish but we can see some resistances also, trade with small targets or trade with trailing stop loss. 📝 If anyone facing any issues or not understanding anything than please ask your doubts in comments. Become an independent trader take charge of your own trades Learn . Apply . Grow **whatever charts or levels or ideas we are sharing here or on any other platform are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on it. We are not SEBI registered. Longby linesandlevels334
Silver can go short in this supply area Silver can go short in this supply area . Planning short trades will be better. Shortby PriceActionMonk1
buy silver for swing and long Buy silver for swing trad around 1 month buy at 54992 sl 53650 target 55495.55567.55812.56015.56276.56583.57039.57424.57573 . 58117.59415Longby ashishsuryavanshi67Updated 1
Silver Micro HarmonicsI have tried to calculate possible fate of Silver Micro using Harmonics and Elliott Wave Analysis.by debabratamath2
Silvermic - Selling to FollowSelling around 55000 Sl above 55300 Tgt 54900 Oi is on the Rise Trend Line is about to be broken Shortby Vishy5223
Sell ABCD pattern activated. We can sell here with SL: 56700, Tgt1: 51000, Tgt2: 50000, Tgt3: 49000Shortby prabhashrai022
silver is going down silver is going down tomorrow it will take gap up the opening or going down tomorrow.Shortby ashishsuryavanshi67Updated 110
Silver. Ready to Shine ?An effective candlestick pattern can be witnessed in Silver on a weekly time frame - The 3 bar play. A momentum buildup is in progress and the trend is expected to reverse. Silver has also given a breakout of it’s resistance of 58986 with good levels of volume. We expect a rally up to the levels of 61294-62660 in coming weeks. The above analysis is just for educational purposes. Traders are advised to do their own research before making any decisions.Longby Ratnesh2107223
Silver Silver : silver run in a pattern. From start of 2015 to mid 2020 was in the range 35000 to 49000 approx, after this range breakout silver entered in another range from sep'20 .. range of this new pattern is 55000 to 75500. Currently silver is trading around 59200, so it seems good time to invest in silver ..as range suggest in short term we can se 75000-76000 again which means 20-25% upside possible. Better way to invest in silver is to buy silver ETF... As pattern is suggesting if silver break this range in next 2-3 years then silver will move another 20000 to 25000 point...so big upside is possible in long-term as well. Start investing smaller capital in silver thru SIP or lumpsum Note: educational postLongby vijay2310841
Bullish on silver ABCD pattern of harmonics is active price between 57000-58000 can be a good opportunity for a pullback trade. SL is reasonably small and RR os 1:3 With potential targets of 61000. Lets see!! Silver to the MOOOOOOOONNNN!!!!!! Longby rishavsrivastav5001
Silver long (09 Aug)Silver long (09 Aug) RSI- 59 Buy at CMP- 58900 or at 58770 SL- 58500 Target- 59388, 59785 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose. Longby ashwinjethwani14092
Silver 1HJust placed my idea in Position drawing. Red Zone: Resistance or Breakout Zone Grey Zone: Repeated Hurdles (Support/Resistance) Green Zone: Support or Breakdown Zone Note: BUY above Red Zone BUY at Green Zone. SELL at Red Zone or Trail at Grey Zone Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage. Also you can ask for my views on any chart.Longby MannuMaggie0
SilverM - Readying for a Bull RunStrong Support area 57900 - 58100 Ready ready for 61500 area Risk to Reward : ExcellentLongby Vishy52
[Commodity] Silver OverviewIts a running short trade. Just sell it with a SAR (Stop and Reverse) in the buying line. Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. =======by Amit_Ghosh3
Silver Short (01 Aug)Silver Short (01 Aug) RSI- 43 RSI divergence Sell at CMP- 58340 SL- 58570 Target- 58060, 57712 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose. Shortby ashwinjethwani14091
Silver Short (01 Aug)Silver Short (01 Aug) RSI- 62 RSI divergence Sell at CMP- 57995 or around 58150 SL- 58450 Target- 57400, 57100 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose. Shortby ashwinjethwani14091
Fib Extention levels in Silver micro future After a short consolidation break out is observed,Based on the trend and correction projected the price using Fib extention toolLongby Jaicharan440
SILVERMIC - Bulls in actionIf sustains 58000 Will stop definitely at 61500 next Av Buy rate near 58200 - 58300 Sl 58000 Tgt 60000/61500 Risk to Reward - ExcellentLongby Vishy50
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.Longby jay-chopra331
Silver Long (26 July)Silver Long (26 July) RSI- 41 Buy at CMP- 54520 SL- 54350 Target- 54710, 55010 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose. Longby ashwinjethwani14092
Commodity | Silver - Short OpportunitySilver has formed bearish flag in DTF and WTF. Safe traders can short below 60000 for swing position. Minimum target 58500Shortby Novicetrader2015Updated 1