SILVER NEWS why is Silver (chandi) price falling or rising

SILVER NEWS reasons for why stock price of Silver (chandi) is falling or rising

SILVER Silver Chandi is falling or rising technical reasons

Technical analysis forecast of Silver Chandi Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Silver Chandi SILVER at this time. Stock is rising and might rise more.

It appears as if Silver Chandi SILVER gave a large move recently.

Stock of Silver Chandi (SILVER) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Silver Chandi is bullish for shortterm, and stock might move up till 83730.4 or till 87579.3. Use a stoploss of 80522.92 and if this stock hits its stoploss, then it can fall down till 77315.46

SILVER Silver Chandi is falling or rising NEWS fundamental reasons

As silver price rally, Hindustan Zinc's plans entry into value-adds Hindustan Zinc appoints Hugo Schumann as head of silver division to intensify focus on the white metal - NEWS as on 2024-04-23 business-standard.com

Gold, silver retreat from record levels as Iran-Israel tensions ease Gold and silver prices retreated from record high levels in the national capital on Monday, with the precious metal plunging by Rs 450 per 10 grams, due to weak global trends and easing tensions in West Asia. Gold prices declined by Rs 450 to Rs 73,650 per - NEWS as on 2024-04-22 business-standard.com

Gold price climbs Rs 10 to Rs 74,350, silver dips Rs 100 to Rs 86,400 The price of 22-carat gold also rose Rs 10, with the yellow metal selling at Rs 68,160 - NEWS as on 2024-04-20 business-standard.com

Gold jumps Rs 400 to breach Rs 74k mark, silver hits fresh peak Gold and silver prices soared to fresh record high levels on Friday with the precious metal breaching Rs 74,000 per 10 grams mark here on bullish global trends. - NEWS as on 2024-04-19 indiatimes.com

Vedanta firm Hindustan Zinc becomes 3rd largest silver producer globally Vedanta group firm Hindustan Zinc on Thursday said it has become the third largest producer of silver globally. As per a survey, its Sindesar Khurd Mine in Rajasthan now stands as the world's second largest silver-producing mine, moving up from last year's - NEWS as on 2024-04-18 business-standard.com

More announcements and NEWS

SILVER Silver (chandi) current price & indicator signals

Moving Averages for Silver (chandi)

  • 5Day Average: 82307.2
  • 12Day Average: 82624.25
  • 20Day Average: 80407.25
  • 50Day Average: 75648.24
  • 100Day Average: 74268.06
  • 150Day Average: 73370.27
  • 200Day Average: 73269.93

SILVER Indicators & signals

Indicator MACD (12,26,9)

81658.89, 79679.22, 2297.85
Indicator MACD is in positive zone

Indicator ADX (14)

22.3, 32.32, 20.53
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SILVER Silver (chandi) are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Tue Apr 2024 80678.00 79361.00 to 80766.00 0.12% 0.94 times
22 Mon Apr 2024 80579.00 80425.00 to 82500.00 -3.51% 1.18 times
19 Fri Apr 2024 83507.00 82736.00 to 83795.00 0.28% 0.73 times
18 Thu Apr 2024 83273.00 83080.00 to 84000.00 -0.27% 0.66 times
17 Wed Apr 2024 83499.00 83203.00 to 84322.00 -0.01% 0.64 times
16 Tue Apr 2024 83504.00 83020.00 to 84255.00 -0.41% 1 times
15 Mon Apr 2024 83851.00 82798.00 to 84024.00 1.25% 1.05 times
12 Fri Apr 2024 82813.00 82609.00 to 86126.00 -0.04% 1.89 times
11 Thu Apr 2024 82847.00 82124.00 to 82909.00 0.28% 0.47 times
10 Wed Apr 2024 82615.00 81650.00 to 83320.00 0.2% 1.35 times
09 Tue Apr 2024 82450.00 81740.00 to 83038.00 0.7% 1.02 times
08 Mon Apr 2024 81875.00 80728.00 to 82109.00 1.25% 1.03 times

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