Mcx silver future technical call update
Mcx silver future given as sell for bearish targets of 37300 and then 36000 for month of July. Mcx silver opened weak at 38400 in month of July and since then falling continuously as expected and hit my given bearish swing targets of 37300 and below it hit next bearish target of 36000 with swing low of 35460 yesterday. from month opening given 2000 rupee downside move with huge profit for mcx tips subscribers !!
Mcx silver future is still weak and might continue to tumble down after bounce back. Below 36000, next support as well as super bearish targets will be 34200 and then 33000. If sustain bottom of 35500 then expect sharp value buying as well as strong short covering rallies towards 39000 and then 40200+.