MTECHTIPS MCX SILVER INTRADAY trading tips 29-08-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 29-08-2017
MTECHTIPS Silver is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note 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 38934-38821-38690-38469-38422-37965-. Immediate resistance for Silver is 39919 Short term and Intraday Level of SILVERCurrently Silver is in HOLD LONG position Silver is in sideways and sellers was at high so for short term better buy above 40223.5 or hold with stop at 38313.0 The next resistance will be at 39760.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 40223.5 with a stop at 39439.8 Below 39232.1 go for sell and put stop at 40015
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