MTECHTIPS MCX SILVER INTRADAY trading tips 23-06-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 23-06-2017
MTECHTIPS Mcx 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 . 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 37660.Resistance for the Silver is 38823-39409-39677-39701-40353-40948-
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 38369.0 The Silver is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 38602.8 with a stop at 37991 Below 37838.4 go for sell and put stop at 38449.6
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