MTECHTIPS MCX SILVER INTRADAY trading tips 22-03-2017
MTECHTIPS MCX SILVER INTRADAY trading tips 22-03-2017
MTECHTIPS Silver is bearish for medium-long term .Currently Silver is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing BUY signal For short term Silver is in SELL position.Positionally Support for the Silver is 41086-40537-.Resistance for the Silver is 41464-41511-42007-42145-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 40730 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 41703.3 with a stop at 41030.7 Below 40862.1 go for sell with a stop at 41533.9
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