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MTECHTIPS MCX SILVER INTRADAY trading tips 24-10-2016

Sunday, October 23, 2016 22:13
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MTECHTIPS MCX SILVER INTRADAY trading tips 24-10-2016

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MTECHTIPS MCX Silver is bearish for medium-long term .Currently Silver is moving sideways The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above46075 or buy with strict stop at 40896. 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 LONG position.Positionally Immediate support for Silver is 40896.Resistance for the Silver is 42184-42432-44048-44767-45594-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position Silver is in profit booking mode so hold with stop at 41896 The oscillator is showing SELL signal

Intraday Trend- Buy is advised only above 42180.4 with a stop at 41805.1 Below 41736.2 go for sell and put stop at 42111.

WWW.MTECHTIPS.COM

07489294118-119

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