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MTECHTIPS MCX SILVER INTRADAY trading tips 30-03-2017
MTECHTIPS Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 41761-41562-41285-41115-41083-40931-. Immediate resistance for Silver is 42610
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 41882 The Silver is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 42614.6 with a stop at 42075.4 Below 41952.4 go for sell with a stop at 42491.1
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