MCX Silver sideways likely to trade range bound

MUMBAI (Commodity Online): Silver futures for March delivery on India’s Multi Commodity Exchange (MCX) is sideways and likely to trade range bound with slightly negative bias during intra-day trade.

“For intra-day, support is there at 55800, while 56500 is the resistance. The white metal is expected to exhibit sideways trend,” said Amrita Mashar, Research Analyst at Commodity Online.

Nathan commentary goes here

 

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