MTECHTIPS MCX SILVER INTRADAY trading tips 13-01-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 13-01-2017
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 The current position is BUY .Positionally Support for the Silver is 40529-40155-39852-39735-.Resistance for the Silver is 41442-42580-
Short term and Intraday Level of SILVER

Currently Silver is in BUY position Silver is in profit booking mode so either sell of or keep stop at40632 so better sell and enter at lower level The Silver is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 41238.7 with a stop at 40628.9 Below 40480.5 go for sell
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