Silver - April 29, 2021 - Reliance Securities

Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

International silver prices are trading with modest gains this Thursday in early afternoon trade in Asia tracking the weak dollar.

Technically, LBMA Silver Spot could trade on a positive note within the range of $25.70-$27.00 levels.

Domestic silver prices are trading with modest gains this Thursday in early afternoon trade, tracking firm overseas prices but a stronger Rupee and weak gold prices in the domestic markets capped upside.

Technically, MCX Silver could see a sideways momentum within the narrow range of 67800-68900 levels.

Strategy for Silver May for the rest of the session will be buying at 68100 with a stoploss at 67500 and a target at 69000.

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Source : Equity Bulls

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