MTECHTIPS MCX SILVER INTRADAY trading tips 27-03-2017
MTECHTIPS MCX SILVER INTRADAY trading tips 27-03-2017
MTECHTIPS Silver is in long- short- term bull phase .Currently Silver is moving sideways The oscillator is on BUY Signal and Silver is recovering from oversold level but has moved past its recent high and the positive trend is still continuing. The oscillator is on BUY Signal and Silver is recovering from oversold level For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 41112-41080-40865-40664-.Resistance for the Silver is 41962-42029-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 41838.2 with stop at 40705.0 The Silver is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 41838.2 with a stop at 41334.8 Below 41222.7 go for sell and put stop at 41725.6
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