MTECHTIPS MCX SILVER INTRADAY trading tips 10-08-2017


MTECHTIPS MCX SILVER INTRADAY trading tips 10-08-2017

MTECHTIPS 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 .. The oscillator is on SELL signal and Silver is coming down from overbought level For short term Silver is in HOLD SHORT position.Positionally Support for the Silver is 38351-38101-37924-37913-37511-.Resistance for the Silver is 39486-Short term and Intraday Level of SILVER Currently Silver is in HOLD SHORT position Silver is in sideways and sellers was at high so for short term better buy above 39338.3 or hold with stop at 36935.0 The next resistance will be at 38690.0 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 39338.3 with a stop at 38178.6 Below 37844.4 go for sell and put stop at 39002.7

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