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MTECHTIPS MCX SILVER INTRADAY trading analysis 02-03-2016
Mcx Silver Support at $14.80 and Resistance at $15.00
Break and sustain below $14.80 will take to $14.60—$14.45 and then to $14.30 mark in days to come
Else it could test its resistance level of $15.00 again
Close above $15.00 will see further upside rally till $15.20—$15.50 mark
Trade with levels only
On MCX division… Below 36500 it could test 36200—36000 and then to 35700 mark. Further downside panic will see only below 35700 mark
Else it could test its resistance level of 37200 again. Close above 37200 will take to 37600—3800 mark
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