MTECHTIPS MCX SILVER INTRADAY trading tips 17-08-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 17-08-2017
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 38350-38193-38168-38004-37887-.Resistance for the Silver is 39389 Short term and Intraday Level of SILVERCurrently Silver is in HOLD LONG position Silver is moving sideways with low volatality so short term investor better to buy if close above 39520.0 close below 37680.0 sell will happen. The Silver is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend-Intraday better to buy above 39828.2 and Sell if below37901.3
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