Sunday, August 25, 2019

Mcx Silver Report: 26th August 2019


Insignia Consultants
New Delhi
Monday, 26 August 2019
TIME 9:16AM IST                          

 ------------------------------------------------------------------------------------------------------------------------

MCX SILVER REPORT

Trend and momentum is very bullish for silver. There is a long term technical breakout as well. Only month end profit taking or profit taking before September future close can bring down silver prices. Spread/badla is around 1300. A lot of long positions might not get rolled over.
Silver September 2019:  (previous day close/CMP Rs.45045)
  1. Silver needs to trade over 44600 to rise to 45721 and 46075.
  2. Sell off will be there below 44600.
  3. Silver will zoom to 46075 today before close if it trade over 45000 after 2pm.
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. Websitewww.insigniaconsultants.in. Prepared by Chintan Karnani
Disclosure: Insignia consultants or it employees do not have any trading positions on the trading strategies mentioned above. Our clients do have positions on the trading strategies mentioned in the above report.
Insignia Consultants does not have any branches in India.
Insignia Consultants does not have any marketing agents in any city in India.
NOTES TO THE ABOVE REPORT
ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED
Follow us on Twitter @insigniaconsul1
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
You can also download our Android App for these updates :

For live Updates You can also join our
For Full Reports and live trading calls please Call / Whatsapp 9311139549.
For todays Full report Please paytm using the barcode below:

No comments: