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MTECHTIPS MCX SnILVER INTRADAY trading tips 23-02-2017

Wednesday, February 22, 2017 23:33
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MTECHTIPS MCX SILVER INTRADAY trading tips 23-02-2017



MTECHTIPS 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 42487-42317-41960-41254-40924-40891-. Immediate resistance for Silver is 43304

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 42911.0 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 43081.8 with a stop at 42486.4 Below 42345.3 go for sell




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