MTECHTIPS MCX SILVER INTRADAY trading tips 06-12-2017

MTECHTIPS MCX SILVER INTRADAY trading tips 06-12-2017
MTECHTIPS Silver is bearish for medium-long term .Currently Silver is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 37151.Resistance for the Silver is 38581-38978-39316-39516-39585-39869- Short term and Intraday Level of SILVER Currently Silver is in HOLD SHORT position Silver is in down trend so buy above 38017The sell will again come if below 37300 The Silver is now trading in highly oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 38111 with a stop at 37342 Below 37136 go for sell
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