MTECHTIPS MCX SILVER INTRADAY trading tips 06-03-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 06-03-2017
MTECHTIPS Silver is in long- medium- term bull phase .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 on SELL signal and Silver is coming down from overbought level For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 41356-41331-41015-.Resistance for the Silver is 42709-43034-43117-
Short term and Intraday Level of SILVER

Currently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 43605.0 with stop at 42069.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 43362.2 with a stop at 42075.9 Below 41704.8 go for sell
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