MCX Silver Updates- Trading Range for Today

Today with a good opening silver is expected to clear up the 60600-61000 levels. Silver might not force steep falls unless prices constantly falls below 58000. A consistent plunge below 58000 could take it down to the lower levels of 56200-54400 later. Sharp rallies could be seen above 61000 to 625000 which could be followed by 63500-66500.

For Intraday Traders can buy Silver above 575000 for the target of 57800-58000-58300 keeping a stoploss of 56800.


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