MTECHTIPS MCX SILVER INTRADAY trading tips 06-07-2017


MTECHTIPS MCX SILVER INTRADAY trading tips 06-07-2017

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 SHORT position.Positionally Immediate support for Silver is 36950.Resistance for the Silver is 38231-38300-39002-39083-40045-40570-Short term and Intraday Level of SILVERCurrently Silver is in HOLD SHORT position The Silver is in downtrend For short term buy only if close above 37862.0 The Silver is now trading is approaching oversold level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 37773.5 with a stop at 37089.6 Below 36911.9 go for sell

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