Home / TIPS / MTECHTIPS MCX SILVER INTRADAY trading tips 11-01-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 11-01-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 11-01-2017

MTECHTIPS Mcx 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 .. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 40640-39916-39874-39486-.Resistance for the Silver is 41572-42637-

Short term and Intraday Level of SILVER

 

Currently Silver is in HOLD LONG position Silver is in sideways and sellers was at high so for short term better buy above 41601.5 or hold with stop at 39703.0 The next resistance will be at 41319.0 The Silver is now trading in highly overbought level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 41601.5 with a stop at 40803 Below 40592.2 go for sell and put stop at 41389.9

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