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Silver

MCX Silver price is trading under rising trend line channel, price is expected to trade positively. Sustaining above 64400 would push the price higher towards 65000/65300 levels intraday. The momentum indicator RSI is trading at 71 and it is forming higher highs and higher lows which is the bullish sign for the prices.

Buy silver above 64400 SL BELOW 64000 TGT 65000/65300

Nickel

MCX Nickel price has given a bullish breakout price price Sustaining is higher expected from above towards strong to 1590 trade 1605/1610 resistance would positively. push levels level, the intraday. The price has been trading above 9,21&60 hourly EMA which is a bullish sign for the prices.

Buy nickel above 1590 SL BELOW 1580 TGT 1605/1610

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