MTECHTIPS MCX SILVER INTRADAY trading tips 14-08-2017


MTECHTIPS MCX SILVER INTRADAY trading tips 14-08-2017

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 LONG position.Positionally Support for the Silver is 38341-38082-38080-38067-37699-.Resistance for the Silver is 39445-Short term and Intraday Level of SILVERCurrently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 38380 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 39749.8 with a stop at 38877.9 Below 38640.1 go for sell with stop at 39511.1

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