Mcx silver intraday outlook for 15th November 2016
Mcx silver on last trading session closed at 41070. Mcx silver future price trend and momentum both are bearish and almost achieved my given swing target of 40400 with low near 40533.
For intraday mcx silver outlook remain bullish as prices are deeply oversold. Traders can buy silver near 40400 with stop loss for swing target of 43200+. For intraday, mcx silver support zones are 41k and 40400 and fresh buy zones. On upside 41900 and 42500 are resistances as well as target zones.