MTECHTIPS MCX SILVER INTRADAY trading tips 04-08-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 04-08-2017
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 Silver is in HOLD LONG position.Positionally Support for the Silver is 37871-37491-.Resistance for the Silver is 38417-38612-38821-39618- Short term and Intraday Level of SILVERCurrently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 38410.7 with stop at 37561.0 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 38410.7 with a stop at 37797.7 Below 37644.5 go for sell and put stop at 38256.9
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