MCX Silver Upside Consolidation Breakout Bet

2018년 7월 7일

Silver is showing huge consolidation for the few years revolving around the same line making it support and resistance.

Positional Idea -

Currently, if that line is not broken on closing basis which means Silver doesn't close below that line but can establish low points there), one can buy Silver.

Intraday Idea -

Also, it is getting selling pressure in the same zone every day. The best trade for "intraday" purpose should be buying at the touch of the "CSBL line" and closing at the "Intraday Resistance" but I will recommend making that "Intraday Resistance" like trailing stop loss because it can also throw a massive breakout! (Well, we have a stop loss in the downside anyways.)

2018년 7월 9일

노트

NRML SILVERM18AUGFUT MCX
1 39,790.00 39,929.00 +695.00 0.35%

695 INR per mini lot