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MCX:SILVER

65,264 -343 (-0.52%)
Updated 04:40 21/10 IST
62% Bullish
38% Bearish
55 Users have submitted 78 trade ideas of Rs. 22,310,045.41 for MCX:SILVER
Disclaimer

Brokerage Reports

No. of reports in last year
0
No. of analysts
0
Average Consensus Forecast
Consensus Potential
0.00%
See MCX:SILVER Share Price Targets >>

MCX:SILVER Share Price Discussion


Type
Sell
Instrument
SILVERM 30NOV21 FUT
Entry Price
₹65,698
Price@Trade
₹65,698
Target Price
₹63,999
Stop Price
₹65,900
Valid Till
Nov 30, 2021 11:20 AM
Margin
₹73,462.25 approx for 10 Qty
Status
Active
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Type
Sell
Instrument
SILVERM 30NOV21 FUT
Entry Price
₹65,715
Price@Trade
₹65,715
Target Price
₹65,550
Stop Price
₹65,950
Valid Till
Oct 27, 2021 11:20 AM
Margin
₹36,732.19 approx for 5 Qty
Status
Active
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Type
Buy
Instrument
SILVER 03DEC21 FUT
Entry Price
₹65,590
Price@Trade
₹65,590
Target Price
₹70,000
Stop Price
₹64,200
Valid Till
Dec 3, 2021 11:20 AM
Margin
₹440,152.5 approx for 60 Qty
Status
Active
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Type
Buy
Instrument
SILVER 03DEC21 FUT
Entry Price
₹65,605
Price@Trade
₹65,605
Target Price
₹65,800
Stop Price
₹65,400
Valid Till
Oct 20, 2021 11:20 AM
Margin
₹880,327.5 approx for 120 Qty
Status
Exited
Exit Price
₹65,617
Net P&L
+₹1,440 (+0.16%)
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Jayesh Kukdeja @jayeshkukdeja
Yesterday 4:45 AM

Update
Exited
Exit Price
₹65,617
Net P&L
+₹1,440 (+0.16%)

Type
Buy
Instrument
SILVER 03DEC21 FUT
Entry Price
₹65,598
Price@Trade
₹65,598
Target Price
₹65,800
Stop Price
₹65,400
Valid Till
Oct 20, 2021 11:20 AM
Margin
₹660,237.75 approx for 90 Qty
Status
Exited
Exit Price
₹65,615
Net P&L
+₹1,530 (+0.23%)
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Jayesh Kukdeja @jayeshkukdeja
Yesterday 4:37 AM

Update
Exited
Exit Price
₹65,615
Net P&L
+₹1,530 (+0.23%)

Type
Sell
Instrument
SILVER 03DEC21 FUT
Entry Price
₹65,607
Price@Trade
₹65,607
Target Price
₹65,400
Stop Price
₹65,700
Valid Till
Oct 20, 2021 11:20 AM
Margin
₹660,246.75 approx for 90 Qty
Status
Exited
Exit Price
₹65,600
Net P&L
+₹630 (+0.1%)
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Jayesh Kukdeja @jayeshkukdeja
Yesterday 4:35 AM

Update
Exited
Exit Price
₹65,600
Net P&L
+₹630 (+0.1%)
Y
Reputation: 104 • Yesterday 4:34 AM • 
 Pinned post

Guys I'm trading MCXBULLDEX futures for a while now and I have been profitable in every single trade I have taken so far.
Why MCXBULLDEX (it is combination of Gold and silver):
1. Margin requirement is about 43k per lot The cheapest future Available
2. Smoother movement compare ...
Read more...
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Reply

Type
Sell
Instrument
SILVER 03DEC21 FUT
Entry Price
₹65,645
Price@Trade
₹65,645
Target Price
₹65,400
Stop Price
₹65,800
Valid Till
Oct 21, 2021 11:20 AM
Margin
₹440,193.75 approx for 60 Qty
Status
Exited
Exit Price
₹65,620
Net P&L
+₹1,500 (+0.34%)
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Jayesh Kukdeja @jayeshkukdeja
Yesterday 4:31 AM

Update
Exited
Exit Price
₹65,620
Net P&L
+₹1,500 (+0.34%)

Type
Sell
Instrument
SILVER 04MAR22 FUT
Entry Price
₹66,200
Price@Trade
₹66,200
Target Price
₹58,000
Stop Price
₹89,000
Valid Till
Mar 4, 2022 11:20 AM
Margin
₹222,015 approx for 30 Qty
Status
Active
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Type
Sell
Instrument
SILVERM 28FEB22 FUT
Entry Price
₹66,475  ₹66,450
Price@Trade
₹66,448
Target Price
₹58,000
Stop Price
₹75,000
Valid Till
Feb 28, 2022 11:20 AM
Margin
₹111,459.38 approx for 15 Qty
Status
Active
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Sunitha @sunitha-r1-rGj5eu
Yesterday 4:48 AM

Update
Entry Price Modified
Price @ Update
₹66,450
Original Entry Price
₹66,475
New Entry Price
₹66,450
TrackerBot @trackerbot
Yesterday 4:49 AM

Update
Trade Entered
Entry Price
₹66,450

Type
Sell
Instrument
SILVER 03DEC21 FUT
Entry Price
₹65,650
Price@Trade
₹65,640
Target Price
₹62,000
Stop Price
₹66,000
Valid Till
Dec 3, 2021 11:20 AM
Margin
₹220,098.75 approx for 30 Qty
Status
Active
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Krishna Shirsikar @wsbhits
Yesterday 4:27 AM

Update
Entry Price Modified
Price @ Update
₹65,620
Original Entry Price
₹65,650
New Entry Price
65600.0
Krishna Shirsikar @wsbhits
Yesterday 4:28 AM

Update
Entry Price Modified
Price @ Update
₹65,650
Original Entry Price
₹65,600
New Entry Price
₹65,650
TrackerBot @trackerbot
Yesterday 4:29 AM

Update
Trade Entered
Entry Price
₹65,650

Type
Buy
Instrument
SILVER 03DEC21 FUT
Entry Price
₹65,644
Price@Trade
₹65,644
Target Price
₹67,000
Stop Price
₹64,000
Valid Till
Oct 21, 2021 11:20 AM
Margin
₹220,096.5 approx for 30 Qty
Status
Exited
Exit Price
₹65,650
Net P&L
+₹180 (+0.08%)
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Jayesh Kukdeja @jayeshkukdeja
Yesterday 4:28 AM

Update
Exited
Exit Price
₹65,650
Net P&L
+₹180 (+0.08%)

Type
Sell
Instrument
SILVER 03DEC21 FUT
Entry Price
₹65,680
Price@Trade
₹65,680
Target Price
₹65,500
Stop Price
₹67,000
Valid Till
Oct 21, 2021 11:20 AM
Margin
₹220,110 approx for 30 Qty
Status
Exited
Exit Price
₹65,660
Net P&L
+₹600 (+0.27%)
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Jayesh Kukdeja @jayeshkukdeja
Yesterday 4:24 AM

Update
Exited
Exit Price
₹65,660
Net P&L
+₹600 (+0.27%)

Type
Buy
Instrument
SILVERM 30NOV21 FUT
Entry Price
₹65,758
Price@Trade
₹65,775
Target Price
₹66,000
Stop Price
₹65,000
Valid Till
Oct 27, 2021 11:20 AM
Margin
₹293,889 approx for 40 Qty
Status
Active
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Reply (1)
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TrackerBot @trackerbot
Yesterday 4:20 AM

Update
Trade Entered
Entry Price
₹65,758

Type
Sell
Instrument
SILVERM 30NOV21 FUT
Entry Price
₹65,745
Price@Trade
₹65,745
Target Price
₹63,999
Stop Price
₹65,900
Valid Till
Nov 30, 2021 11:20 AM
Margin
₹367,340.63 approx for 50 Qty
Status
Exited
Exit Price
₹65,697
Net P&L
+₹2,400 (+0.65%)
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Reply (1)
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Munish Abrol @munishabrol
Yesterday 4:57 AM

Update
Exited
Exit Price
₹65,697
Net P&L
+₹2,400 (+0.65%)

Type
Buy
Instrument
SILVERM 30NOV21 FUT
Entry Price
₹65,768
Price@Trade
₹65,768
Target Price
₹70,000
Stop Price
₹65,700
Valid Till
Oct 20, 2021 11:20 AM
Margin
₹73,471 approx for 10 Qty
Status
Exited
Exit Price
₹65,816
Net P&L
+₹480 (+0.65%)
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SHANTH KANDIAH @shanthkandiah
Yesterday 4:00 AM

Update
Exited
Exit Price
₹65,816
Net P&L
+₹480 (+0.65%)

Type
Buy
Instrument
SILVER 03DEC21 FUT
Entry Price
₹65,660
Price@Trade
₹65,688
Target Price
₹66,000
Stop Price
₹65,600
Valid Till
Oct 21, 2021 11:20 AM
Margin
₹660,359.25 approx for 90 Qty
Status
Stoploss Hit
Exit Price
₹65,600
Net P&L
-₹5,400 (-0.82%)
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TrackerBot @trackerbot
Yesterday 3:52 AM

Update
Trade Entered
Entry Price
₹65,660
TrackerBot @trackerbot
Yesterday 4:33 AM

Update
Stoploss Hit
Exit Price
₹65,600

Type
Sell
Instrument
SILVERM 30NOV21 FUT
Entry Price
₹65,771
Price@Trade
₹65,771
Target Price
₹50,000
Stop Price
₹65,810
Valid Till
Oct 20, 2021 11:20 AM
Margin
₹220,414.88 approx for 30 Qty
Status
Stoploss Hit
Exit Price
₹65,810
Net P&L
-₹1,170 (-0.53%)
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Reply (1)
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TrackerBot @trackerbot
Yesterday 4:01 AM

Update
Stoploss Hit
Exit Price
₹65,810

Type
Buy
Instrument
SILVERM 30NOV21 FUT
Entry Price
₹65,700
Price@Trade
₹65,700
Target Price
₹70,000
Stop Price
₹65,600
Valid Till
Oct 20, 2021 11:20 AM
Margin
₹73,462.5 approx for 10 Qty
Status
Exited
Exit Price
₹65,768
Net P&L
+₹680 (+0.93%)
Like
Reply (1)
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SHANTH KANDIAH @shanthkandiah
Yesterday 3:50 AM

Update
Exited
Exit Price
₹65,768
Net P&L
+₹680 (+0.93%)

MCX:SILVER Ratings

Long term MCX:SILVER rating by FrontPage users
0/5 (0 Ratings)0
Find answers to all your questions on live MCX:SILVER message board: Is MCX:SILVER buy or sell? Should I buy MCX:SILVER shares? Why are MCX:SILVER shares falling? Should I invest in MCX:SILVER stock?

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  • MCX:SILVER PRICE - 03DEC2021

    keyboard_arrow_down
    DateOct 21
    Open65,781
    High65,925
    Low65,063
    Previous Close65,264
    Volume7,993
  • MCX:SILVER PRICE - 04MAR2022

    keyboard_arrow_down
    DateOct 21
    Open66,399
    High66,500
    Low65,703
    Previous Close65,883
    Volume143
  • MCX:SILVER PRICE - 03SEP2021 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Sep 263,55263,57563,40163,401
    Sep 162,99963,12562,73063,125
    Aug 3163,55863,64763,11063,300
    Aug 3063,55163,90063,30963,628
    Aug 2762,83063,33862,67263,077
  • MCX:SILVER PRICE - 30NOV2021 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Sep 264,05064,30863,88063,905
    Sep 163,54163,92663,10563,886
    Aug 3163,96264,30063,83063,903
    Aug 3064,25664,41963,88864,221
    Aug 2763,64964,11963,25263,401
    Sep 264,15564,29463,86963,914
    Sep 163,55063,93163,11563,871
    Aug 3163,97064,29063,85063,910
    Aug 3064,26064,40063,88164,212
    Aug 2763,70064,10063,26763,397
  • MCX:SILVER PRICE - 03DEC2021 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Sep 263,97764,09363,68163,705
    Sep 163,17563,68662,82863,663
    Aug 3163,77664,09363,60463,670
    Aug 3064,08564,16563,65164,000
    Aug 2763,45063,88563,00063,187
  • MCX:SILVER PRICE - 28FEB2022 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Sep 264,83165,13064,74064,740
    Sep 164,49764,77164,04864,706
    Aug 3164,86465,15064,72564,814
    Aug 3065,17065,25064,75065,095
    Aug 2764,69064,98564,11064,315
    Sep 264,92465,12264,74664,768
    Sep 164,40564,78064,01364,753
    Aug 3164,90065,14064,74064,810
    Aug 3065,09365,24964,77765,074
    Aug 2764,52064,97064,19564,366
  • MCX:SILVER PRICE - 04MAR2022 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Sep 264,67964,79364,49664,547
    Sep 164,13564,32963,84264,329
    Aug 3164,95864,95864,54964,607
    Aug 3064,94865,03964,58564,950
    Aug 2764,28864,37063,81363,813
  • MCX:SILVER PRICE - 29APR2022 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Sep 165,10965,10965,10965,109
    Aug 3164,67864,67864,67864,678
    Aug 3065,18665,18665,18665,186
    Aug 2765,18665,18665,18665,186
    Aug 2666,29766,29766,29766,297
    Sep 265,47165,91565,42165,491
    Sep 165,23065,30264,58265,302
    Aug 3065,22365,22465,22365,224
    Aug 2765,49965,49964,44164,595
    Aug 2566,13066,13064,50065,421
  • MCX:SILVER PRICE - 05MAY2022 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Sep 164,12264,12264,12264,122
    Aug 3164,53164,53164,53164,531
    Aug 3064,22464,22464,22464,224
    Aug 2764,22464,22464,22464,224
    Aug 2665,10665,10665,10665,106
  • MCX:SILVER PRICE - 30JUN2022 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Sep 165,72865,72865,72865,728
    Aug 3165,02065,02065,02065,020
    Aug 3065,85465,85465,85465,854
    Aug 2765,85465,85465,85465,854
    Aug 2667,17967,17967,17967,179
  • MCX:SILVER PRICE - 05JUL2022 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Sep 164,42464,42464,42464,424
    Aug 3164,90864,90864,90864,908
    Aug 3064,59964,59964,59964,599
    Aug 2764,59964,59964,59964,599
    Aug 2665,56465,56465,56465,564
  • MCX:SILVER - Recent News

    keyboard_arrow_down
    NewsBot
    Sep 30, 2019 6:19 AM
    Commodity Outlook: How gold, oil, base metals and agri commodities may trade today
    The Economic Times
    NewsBot
    Jul 30, 2019 7:30 AM
    Precious Metals: Gold, silver futures up on positive cues
    economictimes.indiatimes.com
    NewsBot
    Jul 26, 2019 8:10 AM
    MCX Silver under long liquidation; Resistance seen at 41718
    Commodity Online
    NewsBot
    Jul 26, 2019 5:15 AM
    The gold train has left the station, while the silver one is just about to...
    moneycontrol.com
  • MCX:SILVER - Related Communities

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  • MCX:SILVER - More Information

    keyboard_arrow_down

    MCX SILVER:
    SILVER is one of the metal commodities that has been traded through MCX. MCX stands for the Multi Commodity Exchange. MCX is the exchange where you can trade commodities such as gold, lead, nickel and agricultural products like cotton, coffee, turmeric, etc. just like the BSE exchange where stocks of companies are traded. The trading mechanism done through MCX is pretty transparent, and it is disciplined with the regulatory framework.
    Silver is a gleaming grey-white metal that is soft and pliable. The first silver mine is in Anatolia( modern-day Turkey), and the mining of silver began 5000 years ago. The top three silver-producing mines are Fresnillo (Mexico), Cannington (Australia), and San Cristobal (Bolivia). Tajikistan, Central Asia is known to have some of the massive silver deposits in the world.
    Just over half of the silver comes from Mexico, Australia, Peru, and China are the four largest silver producing countries. Primary silver mines produce about one-third of the world silver, while approximately two-thirds come as a by-product of lead, zinc, gold, copper mining. The primary sources of silver are the ores of silver, lead-zinc, silver-nickel, lead, obtained from Peru, Bolivia, Mexico, China, Australia, Serbia, Chile, and Poland. Mexico, Peru, and Bolivia have been mining silver since 1546, and are still significant world producers.
    Why Should I Invest In Silver?
    Silver has many applications in art, science, industry and beyond. At the extraordinary level, though, demand for silver breaks down into three essential categories: silver in industry, investment, and silver ornaments and décor. These three categories altogether represent more than 95% of the annual silver demand.
    With unique characteristics, such as its strength, malleability, and ductility; its thermal and electrical conductivity; its sensitivity to high reflectance of light; and the ability to withstand extreme temperature; it is an element without replacement. Commercial-grade exceptional silver is at least 99.9% pure, and purities higher than 99.999% are available.
    Reasons for trading MCX Silver Price:
    • One of the valid reasons for investing in silver is that it's a safe commodity to trade during an economic crisis. Central banks usually react to the crisis by reducing interest rates and raising the money supply. These actions can influence weakening currencies and erode trust in stock and bond markets.
    • Unlike financial assets, tangible assets such as silver can't be created on paper. There is a restricted above-ground supply of silver. Hence, it is far more likely to trade on silver than financial assets to maintain its value during periods of turmoil.
    • Industrial Strength is very crucial when it comes to the Global Economy. Silver is essential to many industries, so strength in the global economy should translate to higher prices. Notably, silver demand for jewellery is active in India. As these and other emerging market nations continue to develop, their demand for silver could improve sharply.
    Factors Influencing the Market:
    1. Economic events such as India’s industrial growth, the global financial crisis, deflation, recession, and inflation affect prices.
    2. Geopolitical circumstances involving governments or economic criteria and armed conflict can cause significant changes.
    3. Commodity-specific situations, such as the construction of new production plants, the introduction of new processes, unexpected mine or factory closures, and business restructuring, can also affect the market.
    Before trading in silver it’s always good to learn these contract specifications of silver:
    • The symbol used is SILVER, and the trading unit is 1kg.
    • The contract starts at 16th of a contract launch month and the last trading day falls on the 5th of the contract expiry month. If the launch day is a holiday, the following day is considered to be the launch day. Whereas expiry day falls on a holiday, then the previous day is an expiry day.
    • Trading is open from Monday through Friday and the trade hours are 10.00 a.m to 11.30 p.m/11.55 p.m
    • The Trading unit is 30 kg and the tick size is Re.1 per kg.
    • The maximum order size for trading is 600 kg, and the base value is 1kg.
    • The initial margin is a minimum 4%, or sometimes it is based on SPAN, whichever is higher.
    • And the extreme loss margin is a minimum of 1%.
    Why discuss the MCX SILVER price today on Frontpage Forum?
    • MCX SILVER forum is all about discussions related to Silver rate, trading strategies, market information, and latest news related to MCX SILVER.
    • You can find MCX Silver Live Charts shared by experts.
    • You can also follow the 'Newsbot' account of FrontPage for finding the MCX Silver rate and all the latest share market news (Moneycontrol, Economictimes, Business Standard, Livemint) related to silver and all other stocks.