MTECHTIPS MCX SILVER INTRADAY trading tips 09-08-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 09-08-2017
MTECHTIPS Silver is bearish for medium-long term .Currently Silver is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is on SELL signal and Silver is coming down from overbought level For short term Silver is in HOLD SHORT position.Positionally Immediate support for Silver is 36787.Resistance for the Silver is 37762-38167-38173-38437-38676-39513-Short term and Intraday Level of SILVERCurrently Silver is in HOLD SHORT position The Silver is in downtrend For short term buy only if close above 37749.0 The Silver is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 37822 with a stop at 37300.5 Below 37177 go for sell and put stop at 37698
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