Silver - Feb 22, 2021 - Reliance Securities

Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

International silver prices are trading higher this Monday morning and early afternoon trade in Asia.

Technically, LBMA Silver Spot is trading on a positive note after a bounce back from $26.00 levels indicating further upside up to $27.90-$28.50 levels. Support is at $26.97-$26.30 levels.

Domestic silver prices are also trading higher this Monday morning and early afternoon trade, tracking overseas prices.

MCX Silver March is trading above 21 as well as 50-Daily Moving Average which is placed at 68770 levels indicating an upside momentum upto 69900-70600 levels. Support is at 68750-67600 levels.

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Source : Equity Bulls

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