MTECHTIPS MCX SILVER INTRADAY trading tips 31-03-2017
MTECHTIPS MCX SILVER INTRADAY trading tips 31-03-2017
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 41764-41534-41440-41121-41071-41017-. Immediate resistance for Silver is 42610
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver is in profit booking mode so either sell of or keep stop at41986 so better sell and enter at lower level The Silver is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 42473.3 with a stop at 41942.2 Below 41821.7 go for sell
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