MTECHTIPS MCX SILVER INTRADAY trading tips 10-05-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 10-05-2017
MTECHTIPS Silver is bearish for medium-long term .Currently Silver is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Silver Noting point is selling at lower levels seems decreasing. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 37354.Resistance for the Silver is 38776-39655-40713-41247-41323-41663-
Short term and Intraday Level of SILVER

Currently Silver is in HOLD SHORT position Silver is moving sideways so short term investor better to buy only above 38744.0 with stop at 37504.0 The Silver is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 38104.3 with a stop at 37594 Below 37474.7 go for sell
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