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Silver - Nov 18, 2020 - Reliance Securities

Posted On: 2020-11-18 03:04:24 (Time Zone: Arizona, USA)


Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

LBMA Silver Spot trading near 50-DMA at $24.60 levels where above it will continue its positive momentum up to $25.10-$25.30 levels. Support is at $24.23-$23.87 levels.

MCX Silver December is trading below 63000 levels, however sustaining above 21-Daily Moving Average which is at 62500 indicating upside momentum to continue. However downside 61800-61100 will hold a support & 63100-63700 will be a resistance.


Source: Equity Bulls

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