MTECHTIPS MCX SILVER INTRADAY trading tips 03-02-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 03-02-2017
MTECHTIPS Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above42638 or buy with strict stop at 40308. The oscillator is showing SELL signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 41404-41301-40967-40793-40433-.Resistance for the Silver is 42017-
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 41614 The Silver is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 42289.4 with a stop at 41515.8 Below 41314.2 go for sell with stop at 42087
WWW.MTECHTIPS.COM
07489294118-119