MTECHTIPS MCX SILVER INTRADAY trading tips 02-01-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 02-01-2017
MTECHTIPS Silver is bearish for medium-long term .Currently Silver is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 38172.Resistance for the Silver is 39286-39823-40308-41277-42148-42981-
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 39117 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 39645.5 with a stop at 38712.7 Below 38454.5 go for sell with stop at 39386.3
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