MTECHTIPS MCX SILVER INTRADAY trading tips 24-04-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 24-04-2017
MTECHTIPS Silver is bearish for medium-long term .Currently 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 showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 40842.Resistance for the Silver is 41555-41995-42036-42076-42179-42211-
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 41833.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 41594.4 with a stop at 41095.5 Below 40984.5 go for sell
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