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MTECHTIPS MCX SILVER INTRADAY trading tips 30-01-2017

Sunday, January 29, 2017 23:17

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MTECHTIPS MCX SILVER INTRADAY trading tips 30-01-2017

MTECHTIPS Mcx Silver is bearish for medium-long term .Currently Silver is moving sideways The Silver is now trading in overbought level. The Silver is now trading in overbought level. The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above42254 or buy with strict stop at 39544. The Silver is now trading in overbought level. The Silver is now trading in overbought level. The oscillator is showing SELL signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 41251-41046-40984-40342-40338-.Resistance for the Silver is 42171-

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 42226.2 or hold with stop at 40470.0 The next resistance will be at 41929.0 The oscillator is showing SELL signal

Intraday Trend- Buy is advised only above 42226.2 with a stop at 40994.9 Below 40640.6 go for sell and put stop at 41870.5

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