Technical Outlook for MCX Silver: MCX Silver has shown strong bullish momentum, bouncing off the 200-day moving average (MA) near the ₹79,601 level, signalling a potential trend reversal. The price action indicates that silver is consolidating above the 50% Fibonacci retracement level of ₹79,601, which aligns with the 200-day MA, adding further strength to this...
The Indian rupee look to witness weakness as Reserve Bank of India (RBI) kept the repo rate unchanged. Holding above 71.56 can see the bounce till 71.88 and above same can test 72.08 level again