MTECHTIPS MCX SILVER INTRADAY trading tips 15-12-2016
MTECHTIPS MCX SILVER INTRADAY trading tips 15-12-2016
MTECHTIPS Mcx Silver is bearish for medium-long term .Currently Silver is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Silver is 41015-40923-40784-.Resistance for the Silver is 41956-43238-43931-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver is in sideways and sellers was at high so for short term better buy above 42223.2 or hold with stop at 40972.0 The next resistance will be at 41970.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 42223.2 with a stop at 41439.5 Below 41234.4 go for sell and put stop at 42017.
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