MTECHTIPS MCX SILVER INTRADAY trading tips 03-08-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 03-08-2017
MTECHTIPS Silver is bearish for medium-long term .Currently Silver is in strong uptrend 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 37776-37514-.Resistance for the Silver is 38402-38647-38867-39638-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 38820.0 or hold with stop at 37687.0 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 38649.1 with a stop at 37812.2 Below 37584.7 go for sell
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