MTECHTIPS MCX SILVER INTRADAY trading tips 25-04-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 25-04-2017
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 .. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 40637.Resistance for the Silver is 41569-42004-42045-42051-42131-42150-
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 41547.0 The Silver is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 41481.2 with a stop at 40912.3 Below 40777.9 go for sell and put stop at 41346.2
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