Mcx silver future on Friday closed at 42430 with huge gains. Mcx silver future achieved my given target 41300 and now heading towards my next target 44200. Mcxare in strong bullish zones and might continue this Bull Run on risk off trades worldwide. Mcx daily chart, price trend and momentum is strong bullish. Lasts session was fresh continuation price pattern for fresh high price. Mcx silver daily chart support zones are 41950 and 41550. On upside expect resistances at 43000 and 43800 levels. Mcx silver short term target are on upside. Mcx silver chart, showing forth positive weekly closing for silver prices. In these 4 weeks mcx silver prices rallied from low of 38300 to high of almost 43k. Total almost 5000 rupee or 15-18% gains in very short time. Mcx silver weekly chart price trend and momentum both are strong bullish. Here expect much higher targets in medium to longer terms. 40650 and 39200 are support zones on downside. For by SMS with support and follow ups visit section.
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