MTECHTIPS MCX SILVER INTRADAY trading tips 19-12-2016

MTECHTIPS MCX SILVER INTRADAY trading tips 19-12-2016
MTECHTIPS Mcx Silver Hit 39100 Target Now Watch For Strong Reversal
Mcx Silver Future This Week Closed At 39698 With Loss. As Expected Silver Given Strong Breakdown Below 42k Level And Hit My Target Of 39100. This Week We Saw Almost 3000 Rupee Drop In Silver Prices And Closed Near Week Low. On Downside 39100 Is Major Support And Silver Prices Are Looks Oversold In Short Term Chart So Expect Bounce Back Rally On Short Covering As Well As Value Buying. But If Slips Below 39k On Price Action And On Volume Then Expect Next Major Downside Up To 37k Which Is Mcx Silver Positional Sell Target.
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