MTECHTIPS MCX SILVER INTRADAY trading tips 10-10-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 10-10-2017
MTECHTIPS The Silver is in long- medium- short- term bull phase .Currently Silver is in strong downtrend and the trend is supported with good volume 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 BUY signal For short term Silver is in HOLD SHORT position.Positionally Support for the Silver is 39563-39461-39420-38930-38785-.Resistance for the Silver is 40475-
Short term and Intraday Level of SILVER Currently Silver is in HOLD LONG position Silver is in sideways and sellers was at high so for short term better buy above 40242.5 or hold with stop at 38710.0 The next resistance will be at 39999.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 40242.5 with a stop at 39749.3 Below 39638.4 go for sell and put stop at 40131.
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