MTECHTIPS MCX SILVER INTRADAY trading tips 12-04-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 12-04-2017
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 oscillator is on SELL signal and Silver is coming down from overbought level For short term Silver is in HOLD SHORT position.Positionally Support for the Silver is 41925-41853-41799-41432-41294-41119-. Immediate resistance for Silver is 42991
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 42058.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 42804.7 with a stop at 41837 Below 41571.5 go for sell and put stop at 42538
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