Currency Report and Mcx Silver Report : 22nd February 2019

NSE Currency Futures Report : 22nd Freruary 2019

Insignia Consultants

New Delhi

Friday, February 22, 2019

TIME 9:15 AM IST                   

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MCX SILVER REPORT

A big seven days for silver bulls. Boom or bust time for silver.

Silver March 2019:  (previous day close/CMP Rs.40116)

One Support: 39959

One Resistance: 40598

Trend: Down

o      Key support is at 39730.

o      Crash will be there below 39730.

o      Silver needs to trade over 40300-40350 zone today to rise further.

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading.Website www.insigniaconsultants.in. Prepared by Chintan Karnani

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NOTES TO THE ABOVE REPORT

ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED

The analyses are based on closing price as per February 08, 2019. Maintaining proper stop loss is always recommended.

PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
APPROPRIATE STOP LOSSES PER LOT IN INDIAN RUPEEES ON THE TRADING CALLS GIVEN IN THIS REPORTTHE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
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