MTECHTIPS MCX SILVER INTRADAY trading tips 17-04-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 17-04-2017
MTECHTIPS Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. 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 41958-41948-41875-41514-41394-41154-. Immediate resistance for Silver is 42865
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 42927.9 with stop at 41006.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 42927.9 with a stop at 42350.5 Below 42215.2 go for sell and put stop at 42792
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