MTECHTIPS MCX SILVER INTRADAY trading tips 04-07-2017


MTECHTIPS MCX SILVER INTRADAY trading tips 04-07-2017

MTECHTIPS Mcx  Silver is bearish for medium-long term .Currently Silver is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Immediate support for Silver is 37048.Resistance for the Silver is 38384-38545-39198-39237-40147-40674-

Short term and Intraday Level of SILVERCurrently Silver is in HOLD SHORT position Silver is moving sideways so short term investor better to buy only above 38920.0 or hold with stop at 37197.0 The oscillator is showing SELL signalIntraday Trend- Buy is advised above 37967.7 with a stop at 36855.2 Below 36534.9 go for sell

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