MTECHTIPS MCX SILVER INTRADAY trading tips 23-05-2019
MTECHTIPS Silver is bearish for medium-long term .Currently Silver is in strong downtrend with good momentum 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 35956.Resistance for the Silver is 37128-37195-37273-37643-38355-38671- Short term and Intraday Level of SILVER Currently Silver is in SELL position Silver is showing some Up momentum So buy above 36411.0 with stop at 36100.0 The Silver is now trading in highly oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 36507 with a stop at 36173 Below 36111 go for sell and put stop at 36444
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