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SILVER Downtrend Alert! Short Trade Setup Ready for Major ProfitSILVER Commodity Technical Analysis (INDIAN Market): On the 1-hour timeframe, Silver (Commodity) is showing a clear bearish pattern, validating a short trade entry at 95437. The price is approaching key target levels, with TP1 (92725) nearly achieved, suggesting a continuation of the downtrend in the short term. Trade Summary: Entry Level: 95437 SILVER Target Levels: TP1: 92725 (nearly hit) TP2: 88337 TP3: 83948 TP4: 81236 Stop Loss: 97631 The Risological Dotted Trendline adds further confirmation to the bearish sentiment, guiding this setup toward anticipated targets. Silver’s momentum suggests traders should watch closely as it edges toward additional profit-taking levels! For extra safe traders, the Trailing Stop for this position is at 96,160
MCX:SILVERMICX2024Short
by ProfitsNinja
SILVER Rockets Beyond All Targets – 6,000 Points Secured!SILVER Futures (15m time frame), Long Trade Entry: ₹92,508 Current Price: ₹98,451 All Targets Hit! Key Levels: Entry: ₹92,508 – Positioned after a clear bullish breakout from consolidation, following a strong uptrend. Stop-Loss (SL): ₹91,769 – Placed below recent support to manage risk in case of a reversal. Take Profit 1 (TP1): ₹93,420 – Already hit, confirming momentum continuation. Take Profit 2 (TP2): ₹94,896 – Successfully reached, indicating a sustained buying interest. Take Profit 3 (TP3): ₹96,373 – Achieved, reinforcing the trend strength. Take Profit 4 (TP4): ₹97,285 – All targets met, signaling a powerful bullish surge. Trend Analysis: The price movement stayed well above the Risological Dotted Trendline, indicating strong bullish momentum. Each take profit level was hit, showcasing a clear uptrend without significant pullbacks. The long entry capitalized on a breakout of consolidation with growing volumes. The continuation of higher highs confirms that buying pressure remains strong, allowing all targets to be comfortably reached. With the current price significantly above all targets, the trade has yielded excellent returns.
MCX:SILVER1!Long
by ProfitsNinja