Commodities

Silver - Dec 24, 2020 - Reliance Securities



Posted On : 2020-12-25 09:29:08( TIMEZONE : IST )

Silver - Dec 24, 2020 - Reliance Securities

Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

International silver prices are trading marginally higher on Thursday morning and early afternoon trade.

Technically, LBMA Silver Spot is sustaining well above 100-DMA at $25.10 levels indicating further sideways to marginal upside trend to continue upto $26.40-$27.50 levels and support is at $25.20-$24.60 levels.

Domestic silver prices are trading marginally lower on Thursday morning and early afternoon trade.

Technically, MCX Silver March holds a support of 66200 level above which will continue its bullish momentum where downside support is at 66900-65800 levels. Resistance is at 68200-68700 levels.

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Source : Equity Bulls

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