Silver - June 4, 2021 - Reliance Securities

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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Source : Equity Bulls

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