MTECHTIPS MCX SILVER INTRADAY trading tips 27-07-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 27-07-2017
MTECHTIPS Silver is bearish for medium-long term .Currently Silver is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Silver is 37541-37516-37242-.Resistance for the Silver is 38761-39127-39751-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 37823 The Silver is now trading in highly overbought level. The oscillator is showing SELL signalIntraday Trend- Buy is advised above 38609.2 with a stop at 37794.7 Below 37574.6 go for sell with a stop at 38388.2
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