MTECHTIPS MCX SILVER INTRADAY trading tips 21-08-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 21-08-2017
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 .. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 38379-38369-38312-38070-37956-.Resistance for the Silver is 39324- Short term and Intraday Level of SILVERCurrently Silver is in HOLD SHORT position Silver is in sideways and sellers was at high so for short term better buy above 39557.1 or hold with stop at 38305.0 The next resistance will be at 39677.0 The Silver is now trading is approaching overbought level. The oscillator is on SELL signal and Silver is coming down from overbought level Intraday Trend- Buy is advised only above 39557.1 with a stop at 38777.7 Below 38570.5 go for sell and put stop at 39349.1
WWW.MTECHTIPS.COM
07489294118-119