MTECHTIPS MCX SILVER INTRADAY trading tips 27-01-2017
MTECHTIPS Mcx Silver is bearish for medium-long term .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. 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 40989-40980-40324-40244-.Resistance for the Silver is 41525-42218-
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 41222 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 41749 with a stop at 40874.7 Below 40638.9 go for sell with stop at 41512.2
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