MTECHTIPS MCX SILVER INTRADAY trading tips 10-04-2017
MTECHTIPS MCX SILVER INTRADAY trading tips 10-04-2017
MTECHTIPS Silver is in long- term bull phase .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position and Silver closed below 1 week low with volume signals down breakout.Positionally Support for the Silver is 41093-.Resistance for the Silver is 41659-41678-42040-42184-42358-
Short term and Intraday Level of SILVER
Silver and closed below 1 week low with volume signals down breakoutCurrently Silver is in HOLD SHORT position Silver has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below40580.8 Buy if above 42820.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 42180.1 with a stop at 40938.5 Below 40580.8 go for sell
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