Silver - Dec 8, 2020 - Reliance Securities

Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

International silver prices are trading with small gains this Tuesday morning and early afternoon trade.

Technically, LBMA Silver Spot holds a resistance near 100-Daily Moving Average which is near $25.00 levels. However $23.90-$24.10 will act as support. It is likely to trade in a range of $$23.70-$25.05 levels.

Domestic silver prices are trading marginally in the red amid profit booking after Monday's rally.

Technically, MCX Silver March is trading above its 100-Daily Moving Average which is near 64370 levels above which could see a bullish momentum to continue upto 66470 levels.

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Source : Equity Bulls

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