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MTECHTIPS MCX SILVER INTRADAY trading tips 26-10-2016

Tuesday, October 25, 2016 22:25
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MTECHTIPS MCX SILVER INTRADAY trading tips 26-10-2016

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MTECHTIPS 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 above43371 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 Support for the Silver is 41875-.Resistance for the Silver is 43738-44607-44837-45457-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD SHORT position Silver is in sideways and sellers was at high so for short term better buy above 42853.7 or hold with stop at 41816.0 The next resistance will be at 42570.0 The oscillator is showing SELL signal

Intraday Trend- Buy is advised only above 42853.7 with a stop at 42153.9 Below 41977.7 go for sell and put stop at 42676.

WWW.MTECHTIPS.COM

07489294118-119

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