Silver - March 25, 2021 - Reliance Securities

Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

International silver prices are trading with marginal losses this Thursday morning and early afternoon trade in Asia, tracking the strength of the greenback.

Technically, LBMA Silver Spot remains below $25.00 level indicating further downside move up to $24.75-$24.37 levels.

Domestic silver prices are trading with small cuts this Thursday morning and early afternoon trade tracking overseas prices.

Technically, if MCX Silver May sustains below 65500, we could see a sideways to marginal downside momentum up to 64400-63800 levels.

Strategy for Silver May for the rest of the session will be buying near 64800 with a stoploss at 64000 and a target at 66200.

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Source : Equity Bulls

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