(Time Zone: Arizona, USA)
Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities
International and domestic silver prices are trading with small cuts on Wednesday morning and early afternoon trade.
Technically, LBMA Silver Spot is trading on a bullish note where it has given a strong breakout above and sustain above $27.00 levels including a positive momentum up to $27.86-$28.20 levels. Support is at $27.10-$26.03 levels.
Technically, MCX Silver March gave a breakout above 70000 levels indicating a positive momentum up to 70600-72700 levels. Support is at 71180-72400 levels.
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