MTECHTIPS MCX SILVER INTRADAY trading tips 26-04-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 26-04-2017
MTECHTIPS Silver is bearish for medium-long term .Currently Silver is in strong downtrend with good momentum but volume is unsatisfactory 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 40177.Resistance for the Silver is 41570-41955-42003-42005-42027-42110-
Short term and Intraday Level of SILVER

Currently Silver is in SELL position The Silver is in downtrend For short term buy only if close above 41251.0 The Silver is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 40930.8 with a stop at 40119.1 Below 39903 go for sell
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