MTECHTIPS MCX SILVER INTRADAY trading tips 28-10-2016
MTECHTIPS Silver is bearish for medium-long term .Currently Silver is moving sideways 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 above42749 or buy with strict stop at 40896. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 41915-41888-.Resistance for the Silver is 43321-44453-44898-45312-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy if close above 42570.0 closing below 41816.0 Sell will happen. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 42468.2 with a stop at 42057 Below 41976.5 go for sell and put stop at 42387.