Mcx silver call

A good day for our mcx trading tips subscribers . We asked them to sell this precious metal today . It cracked and our trading signal rocked . Here is what we told to our subscribers today .

Sell silver future at 42200 with stoploss of 42410 for target of 41960 .

It crashed and made low below 41920 . Our target achieved . We made nearly 8000 rupees profit per lot.

Currently prices are trading at 42020 . Once it break 41780 and manage to hold below this level . Then expect more pain for buyers upto 41520 – 41200 today .

Good resistance in mcx silver stands at 42220. If traders pull this price and manage to hold above 42220. Then expect good rise in this precious metal till 42440- 42680.

For now precious metals trend is weak so avoid any major buy trade.

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By marafat