Home / TIPS / MTECHTIPS MCX SILVER INTRADAY trading tips 17-02-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 17-02-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 17-02-2017

MTECHTIPS 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 Silver is now trading in overbought level. The Silver is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Silver is 42242-41999-41678-41301-40946-40778-. Immediate resistance for Silver is 43304

Short term and Intraday Level of SILVER

 

Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 42388 The Silver is now trading is approaching overbought level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 43361 with a stop at 42792 Below 42660 go for sell with a stop at 43228.5

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