MTECHTIPS MCX SILVER INTRADAY trading tips 06-04-2017
MTECHTIPS 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 oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Silver is 41957-41831-41575-41376-41275-41078-. Immediate resistance for Silver is 42991
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy only above 42820.0 with stop at 41901.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 42559.2 with a stop at 42065.6 Below 41957.6 go for sell
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