MTECHTIPS MCX SILVER INTRADAY trading tips 09-10-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 09-10-2017
MTECHTIPS The Silver is in long- medium- term bull phase .Currently Silver is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Support for the Silver is 39386-38919-38763-.Resistance for the Silver is 39756-39939-40478-Short term and Intraday Level of SILVER Currently Silver is in HOLD SHORT position The Silver is in downtrend For short term buy only if close above 39591.0 The Silver is now trading is approaching oversold level. The oscillator is on BUY Signal and Silver is recovering from oversold level Intraday Trend- Buy is advised only above 40301.4 with a stop at 39205 Below 38893.1 go for sell and put stop at 39988.
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