MTECHTIPS MCX SILVER INTRADAY trading tips 11-07-2017


MTECHTIPS MCX SILVER INTRADAY trading tips 11-07-2017

MTECHTIPS Mcx Silver is bearish for medium-long term .Currently Silver is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Silver. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 35318.Resistance for the Silver is 37751-37955-38588-38929-39860-40386-Short term and Intraday Level of SILVER Currently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 37258.7 with stop at 35460.0 The Silver is now trading is approaching oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 37258.7 with a stop at 36151.4 Below 35831.9 go for sell and put stop at 36937.9

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