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, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Silver Chandi is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Silver Chandi stays above 91581.6, but if it comes below 91581.6, then a intra day sell could be more profitable.
If you take a sell trade below 91581.6, then use 91581.6 as stoploss and 90075.95 as target. However if you take a buy trade in Silver Chandi, then use 91581.6 as stoploss and 93388.4 as target.

SILVER Silver Chandi is falling or rising NEWS fundamental reasons

Learn with ETMarkets: As silver surges ahead, here’s how to trade this precious metal Silver is a key component in photovoltaic cells used in solar panels, and with the global push for renewable energy, this demand is expected to continue rising. As nations like India and China expand their clean energy infrastructure, silver’s industrial - NEWS as on 2024-10-13 indiatimes.com

Gold up Rs 10 at Rs 77,410; silver rises Rs 100, trading at 96,100/kg The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad at Rs 77,410 - NEWS as on 2024-10-12 business-standard.com

Gold retreats from record level amid weak global trend, silver trades flat Gold prices dropped by Rs 400 to Rs 78,300 per 10 grams in the national capital due to fresh selling and a weak global market trend. Silver remained flat at Rs 94,000 per kg. Tensions in the Middle East and US interest rate expectations also contributed to - NEWS as on 2024-10-08 indiatimes.com

More announcements and NEWS

SILVER Silver (chandi) current price & indicator signals

Moving Averages for Silver (chandi)

  • 5Day Average: 90645
  • 12Day Average: 91284.92
  • 20Day Average: 90811.95
  • 50Day Average: 86162.6
  • 100Day Average: 87835.59
  • 150Day Average: 85520.23
  • 200Day Average: 82033

SILVER Indicators & signals

Indicator MACD (12,26,9)

90792.32, 89519.75, 1518.75
Indicator MACD is in positive zone

Indicator ADX (14)

18.55, 29.21, 20.07
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 48
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
15 Tue Oct 2024 91623.00 89705.00 to 91988.00 0.98% 0.92 times
14 Mon Oct 2024 90736.00 90427.00 to 91644.00 -1.04% 0.66 times
11 Fri Oct 2024 91690.00 90526.00 to 91885.00 1.53% 0.75 times
10 Thu Oct 2024 90304.00 88640.00 to 90617.00 1.61% 0.79 times
09 Wed Oct 2024 88872.00 88281.00 to 89614.00 0.16% 0.71 times
08 Tue Oct 2024 88729.00 88222.00 to 92223.00 -3.93% 1.65 times
07 Mon Oct 2024 92357.00 91475.00 to 93305.00 -1.06% 0.87 times
04 Fri Oct 2024 93349.00 91728.00 to 95388.00 0.4% 1.69 times
03 Thu Oct 2024 92978.00 91445.00 to 93220.00 2.49% 0.93 times
30 Mon Sep 2024 90719.00 90200.00 to 92156.00 -0.74% 0.84 times
27 Fri Sep 2024 91398.00 91224.00 to 93248.00 -1.37% 1.11 times
26 Thu Sep 2024 92664.00 91947.00 to 94138.00 0.67% 1.53 times

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

 

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