Precious commodity Silver is showing negative view today. In previous it has introduced negative at Rs 55908 and its highest touched 55929 today, yet do not recover them position. Last trade of MCX Silver was closed down at Rs 55983 on Friday.
Silver Trading Strategy Today:-
Sell MCX Silver with May contract below
55920.
Targets- 55893, 55857
Stop Loss- 55953
MCX Silver Current level
Resistance – 56405.7 to 57233
Support- 55561.3 to 54743.5
