MTECHTIPS MCX SILVER INTRADAY trading tips 23-09-2016
MTECHTIPS MCX Silver is in perfect uptrend .Currently Silver is moving sideways The oscillator is showing BUY signal but has moved past its recent high and the positive trend is still continuing. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 45989-45939-45873-45222-45062-43742-. Immediate resistance for Silver is 47826
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 46270 The Silver is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 47975.8 with a stop at 47317.2 Below 47161.5 go for sell with a stop at 47819.