Silver Mini Futures
SILVERM1! trade ideas
SILVER MINI FEB WEEKLY TFPerfect price to enter into positional/short term trade. one can go long for a view of 63000 within this month -65000 within next month.
Silver has given 7% negative YTD return. while all other base metals have given on an average 30% YTD. how can precious metals like SILVER GOLD be left behind. Bet on SILVER (and gold too) for short to medium term gains of about 7-10%. as equity markets have become volatile SILVER GOLD can give a smart place to park your funds to buy in corrections in EQ markets.
Technically too SILVER is trading near its long term support zone. 61000-59000.
Risks : US FED rates, RBI interest rates (not expected before FEB-MARCH)
SILVER MINI FEB - Huge BreakoutHope Everything's clear friend. See my previous posts on SILVER M . Huge Huge Breakout today on hourly TF. Buy Buy Buy . . . Target = Open Sky (Min. 75000, then 100,000) I have been of the view when NIFTY hit ATH of 18600 that SELL EQUITIES, BUY BULLIOIN (Gold + Silver). Huge trend reversal expected sooner than later.
Thank me later. :)
SILVER MCX : How to make money?IS THIS A GOOD TIME TO BUY OR WAIT FOR MORE CLARITY
Silver has a major support @ 61150
One can buy with a Stop loss of this support for 1000 points rally from current level.
BUY @ 61540
TGT @ 61850-62250-62800
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Trading is not about trying to capture every move. Look at the charts carefully and trade only if you are sure about your analysis.
Follow the rules, be patient and stock market will definitely reward you...
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Take care, trade safe !!!
Regards
Team Moneymarine
buy silverm ( feb 2022 ) shortterm buyBuy silverm at the level of 62550 and keep target of 64000 and duration of call is till and of january . as you can see in chart that stock has taken support yesterday so think this will be our stoploss so but it to make money double and it is also moving above ma 55
silver ascending triangular pattern ascending triangular pattern are mostly bullish.
breakout confirms when volume are high when price go up and other side volume dry or low when price go down.
as you can see in chart I have highlighted volumes in circle
green volumes are higher compare red volume. it is an indication of overall price will go up.