MTECHTIPS MCX SILVER INTRADAY trading tips 15-03-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 15-03-2017
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 39846.Resistance for the Silver is 41398-41593-41745-41973-42260-42473-
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 40680.0 The Silver is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 40416.1 with a stop at 39876.9 Below 39750.9 go for sell
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