Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities
LBMA Silver is trading below 21-Daily Moving Average which is placed at $27.70 levels indicating for sideways to marginal downside momentum up to $27.14-$26.77 levels. Resistance is at $27.88-$28.30 levels.
MCX Silver July holds a support near 69900-69000 levels. Resistance is at 71200-72500 levels.
*Strategy for Silver July Sell 71000 SL 72000 TGT 69000 Conditions apply.*
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