SILVER JULY FUTURES OVERVIEW

 SILVER JULY FUTURES

CMP: ₹219,200
🔴 SELL

Entry: ₹219,000–219,500 

Target:
🎯 ₹216,800
🎯 ₹214,500
🎯 ₹212,000

Stop Loss: ₹221,300

Probability: 71%

Potential Downside: 1.1% – 3.3%

Risk : Reward Ratio: 1 : 2.6

Timeframe: 1–3 Days

Technical View:

• Short-term price action indicates weakness near the resistance zone.
• Failure to sustain above ₹220,500–221,000 keeps the bearish bias intact.
• A break below ₹218,000 could accelerate selling pressure toward ₹214,500–212,000.
• The bearish view is invalidated on a sustained move above ₹221,300.

Resistance: ₹220,500 / ₹221,300
Support: ₹216,800 / ₹214,500 / ₹212,000

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