MTECHTIPS MCX SILVER INTRADAY trading tips 14-03-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 14-03-2017
MTECHTIPS Silver is bearish for medium-long term .Currently Silver is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Silver. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 40199.Resistance for the Silver is 41405-41616-41954-42063-42445-42570-
Short term and Intraday Level of SILVER

Currently Silver is in HOLD SHORT position The Silver is in downtrend For short term buy only if close above 40994.0 The Silver is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 40674.3 with a stop at 40249.8 Below 40162.4 go for sell
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