MTECHTIPS MCX SILVER INTRADAY trading tips 19-05-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 19-05-2017
MTECHTIPS Mcx Silver is bearish for medium-long term .Currently Silver is moving sideways The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above40260 or buy with strict stop at 37354. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 38254-38172-.Resistance for the Silver is 39724-40690-41285-41372-
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 38677 The Silver is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 39427.5 with a stop at 38581.8 Below 38352.3 go for sell with stop at 39197.2
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