MTECHTIPS MCX SILVER INTRADAY trading tips 27-02-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 27-02-2017
MTECHTIPS 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 Silver is now trading in overbought level. The Silver is now trading in overbought level. The oscillator is showing SELL signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 42645-42490-42077-41282-40994-40906-. Immediate resistance for Silver is 43599
Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position Silver has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 43754.9 with stop at 42415.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 43754.9 with a stop at 43109.3 Below 42952.4 go for sell and put stop at 43597.3
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