Silver - Dec 11, 2020 - Reliance Securities

Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

International and domestic silver prices were flat this Friday afternoon trade.

Technically, LBMA Silver Spot continues its Bearish momentum below 50-DMA at $24.00 could take prices to $23.70-$22.40 levels where Resistance is at $24.60-$25.12 levels.

Technically, MCX Silver March is trading on a negative note where it is expected to consolidate within the 62000-64400 range where breakout above 64500 will continue its bullish rally. However below 63000 levels could see some sideways to marginal downside momentum.

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Source : Equity Bulls

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