Silver mcx holding buy from 107600, 108700,109500 Target How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 2
Silver Futures
Sorry, this is only available to registered users
MCX provides data to our registered users only, so to get it you'll need to sign up for a TradingView account.
Related commodities
MCX Silver Analysis – Technical OutlookHere’s my latest view on MCX Silver📃
🎯 Silver recently broke out and has given a great move for the bulls above ₹1,00,000, giving almost a 9,000 points rally, confirming a strong bullish structure for the time being.
🎯 After hitting a local top range around ₹1,08,000 to ₹1,09,500 range, price is n
Silver mcxentering towards important demand zone support can plan for Silver ETF adding and adding long on falls towards 75000 below 80000 levels with support 70000 closing bases on monthly . Possibilities of silver movement in next 6-8 month towards 105000-120000 levels are high .View fails if silver mon
Silver’s Got Cold Feet at $37 – Time to Short the ShineTimeframe: Daily
Duration: 7–10 days
CMP: $36.36
⸻
Rationale:
• Price failed to break convincingly above $37 – classic fake breakout.
• Strong red candle with volume signals sellers are back in charge.
• Multiple rejections near the top suggest bulls are exhausted.
⸻
Trade Setup:
• Sell Zone
Silver mcx updated levels buy on dip near Friday lowHow My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 2
Silver 109000 Target hit next 111k and 115 ke final 125kHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Silver still buy on dip near support levels on chartHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Silver at Strong Support Level: Ideal Buy with Targets up to 12Silver has a level that is a strong potential support. Personally, I have been waiting for a retest of this level (87580) for quite some time. It is advisable to buy at this level.
From here, potential targets appear to be 96400, 100900, 102700, 106500, 120000, and 125000.
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Sorry, this is only available to registered users
MCX provides data to our registered users only, so to get it you'll need to sign up for a TradingView account.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Silver Futures this number is 10.14 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Silver Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Silver Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Silver Futures technicals for a more comprehensive analysis.