MTECHTIPS MCX SILVER INTRADAY trading tips 08-08-2017


MTECHTIPS MCX SILVER INTRADAY trading tips 08-08-2017

MTECHTIPS Silver is bearish for medium-long term .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is on SELL signal and Silver is coming down from overbought level For short term Silver is in HOLD SHORT position.Positionally Immediate support for Silver is 36787.Resistance for the Silver is 37749-38186-38246-38493-38715-39548-Short term and Intraday Level of SILVER Currently Silver is in HOLD SHORT position The Silver is in downtrend For short term buy only if close above 37907.0 The oscillator is showing SELL signalIntraday Trend- Buy is advised only above 37593.1 with a stop at 37073.2 Below 36949.9 go for sell and put stop at 37469.3

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