MTECHTIPS MCX SILVER INTRADAY trading tips 10-01-2019
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 Silver is now trading in overbought level. The Silver is now trading in overbought level. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 38887-38372-38126-37815-37592-37477-. Immediate resistance for Silver is 39829 Short term and Intraday Level of SILVER Currently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 39670 with stop at 38889 The Silver is now trading is approaching overbought level. The oscillator is on SELL signal and Silver is coming down from overbought level Intraday Trend- Buy is advised only above 39823.4 with a stop at 39330 Below 39219 go for sell and put stop at 39711
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