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MTECHTIPS MCX SILVER INTRADAY trading tips 20-03-2017

Sunday, March 19, 2017 23:22
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MTECHTIPS MCX SILVER INTRADAY trading tips 20-03-2017

 

MTECHTIPS Silver is bearish for medium-long term .Currently Silver is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 39649.Resistance for the Silver is 41086-41410-41538-41767-41984-42255-

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 41425.5 or hold with stop at 39808.0 The next resistance will be at 41235.0 The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 41425.5 with a stop at 40610.7 Below 40394.2 go for sell and put stop at 41208.2

WWW.MTECHTIPS.COM

 

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