Silver looking good for buy from the level of 56220. Spot silver prices declined around 0.7 percent on Monday on the back of weak sentiments in global markets. However, weakness in the US dollar index cushioned sharp declined in the white metal prices. Silver touched an intra-day low of $ 31.28/oz and ended its trading session at $ 31.5/oz yesterday. MCX Silver May contract declined slightly by 0.1 percent and touched an intra-day low of Rs. 55,601/kg on Monday.
Buy Silver
At - 56225
for the Target of - 56330 & 56515
with Stop Loss - 59990
Get Commodity Tips here.
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