(Time Zone: Arizona, USA)
Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities
International silver prices are trading marginally in the green this early Tuesday afternoon trade in Asia.
Technically, LBMA Silver Spot supports remain at $24.20 and $23.85. Resistances remain at $25.75 and $26.20.
Domestic silver prices are trading with gains this early Tuesday afternoon trade, tracking overseas prices.
Technically, MCX silver May supports are at 66340 and 67960. Resistances are at 66900 and 67060.
Strategy for Silver May for the rest of the session will be buying near 65900 with a stoploss at 65000 and a target at 67700.
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