MTECHTIPS MCX SILVER INTRADAY trading tips 12-07-2017


MTECHTIPS MCX SILVER INTRADAY trading tips 12-07-2017

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 BUY signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 35318.Resistance for the Silver is 37593-37869-38427-38891-39789-40324- Short term and Intraday Level of SILVERCurrently Silver is in SELL position The Silver is in downtrend For short term buy only if close above 36954.0 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 37271.1 with a stop at 36485 Below 36272.6 go for sell and put stop at 37057.8

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