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dakshrustagi26
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50 % indices 50 % other
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NIFTY 50% | 2 SILVER 50% | 2
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Silver- Most Undervalued Assset
SILVER
, 3MLong
SILVER: Silver- Most Undervalued Assset

Silver- Most Undervalued Assset. Silver bottomed to M2SL

NIFTY 50
NIFTY
, 3DShort
NIFTY: NIFTY 50

Diagonal resistance at 17800 & last hurdle at 18000

NIFTY 50
NIFTY
, 1D
NIFTY: NIFTY 50

There may be a short correction overall because market is overbought a lot. 16800-16900 is crucial area for nifty. If it can sustain August month closing above 17000 we may go for new highs this year. Otherwise be prepared for one more year of consolidation. Not Financial Advice.

Silver 50 year Chart History
SILVER
, 4MLong
SILVER: Silver 50 year Chart History

FUNDAMENTALS 1) Strong demand from industrial use of electrification of economies. 2) Funds being diverted from stocks to Gold/Silver 3) gold/ Silver ratio near a peak. 4) 40% down from highs and at support of 12 years of consolidation.

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