MTECHTIPS MCX SILVER INTRADAY trading tips 19-04-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 19-04-2017
MTECHTIPS Silver is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower 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 42016-41962-41887-41594-41543-41193-. Immediate resistance for Silver is 42991
Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 42121 The Silver is now trading is approaching overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 42752.4 with a stop at 41863.1 Below 41623.5 go for sell with stop at 42511.9
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