MTECHTIPS MCX SILVER INTRADAY trading tips 08-09-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 08-09-2017
MTECHTIPS Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Silver 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 The current position is BUY .Positionally Support for the Silver is 40149-39716-39135-38702-38605-38324-. Immediate resistance for Silver is 41942 Short term and Intraday Level of SILVERCurrently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 41200 The Silver is now trading in highly overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 42040.7 with a stop at 41364.2 Below 41194.6 go for sell with a stop at 41870.5
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