MTECHTIPS MCX SILVER INTRADAY trading tips 18-01-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 18-01-2017
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 . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Silver is 41019-40652-40406-40215-39823-.Resistance for the Silver is 42490-
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 40852 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 42138.2 with a stop at 41288.7 Below 41061.6 go for sell with a stop at 41910.2
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