Signal Type: BUY (Bullish Setup) Entry Zone: 48.00 – 47.70 Buy Confirmation: Bullish candle formation or rejection from OB zone
Take Profit (TP): 🎯 50.48 Stop Loss (SL): 🛑 47.60
Analysis Summary: Price is moving inside an ascending channel and testing the bullish order block (47.64–48.18) near EMA 70/200 support. If price holds above this zone, momentum favors a bullish continuation toward the target point 50.48.
SILVER 47.8 followed by 47.15 followed by 45.8 next TP is more fall is coming and 137500 in INR for Dec expiry can be expected if this falls from here.
📉 Analysis Summary: Price is respecting an ascending channel and currently near support with EMA 70 crossing above EMA 200, showing bullish momentum. A bounce from the support zone is expected to push price toward the target point at 50.90.
🧠 Strategy Used: Trend + EMA Crossover + Channel Support + Demand Zone Confluence.
✅ Expectation: Bullish continuation after a minor retracement to support zone. XAUUSDCL1!MNQ1!MGC1!