MTECHTIPS MCX SILVER INTRADAY trading tips 10-01-2018

MTECHTIPS MCX SILVER INTRADAY trading tips 10-01-2018
MTECHTIPS Silver is bearish for medium-long term .Currently 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 38492-38474-37899-.Resistance for the Silver is 39160-39245-39467- Short term and Intraday Level of SILVER Currently Silver is in HOLD SHORT position Silver has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below38589 Buy if above 39372 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 39100 with a stop at 38678 Below 38589 go for sell
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