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MTECHTIPS MCX SILVER INTRADAY trading tips 06-01-2017

Thursday, January 5, 2017 22:30
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MTECHTIPS MCX SILVER INTRADAY trading tips 06-01-2017


MTECHTIPS Silver is bearish for medium-long term .Currently Silver is showing some up move after small correction and trend is strong but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 39939-39286-39249-.Resistance for the Silver is 41093-41778-42744-

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 39796 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 40754.9 with a stop at 40254.5 Below 40142 go for sell with stop at 40641.9




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