MTECHTIPS MCX SILVER INTRADAY trading tips 04-09-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 04-09-2017
MTECHTIPS 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 Silver is now trading in overbought level. The Silver is now trading in overbought level. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 39248-39140-38743-38687-38522-38102-. Immediate resistance for Silver is 40436 Short term and Intraday Level of SILVERCurrently Silver is in HOLD SHORT position Silver is moving sideways so short term investor better to buy if close above 40275.0 closing below 39060.0 Sell will happen. The Silver is now trading is approaching overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 40385.5 with a stop at 39799.3 Below 39657.6 go for sell and put stop at 40243.3
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