MTECHTIPS MCX SILVER INTRADAY trading tips 22-03-2019
MTECHTIPS MCX SILVER INTRADAY trading tips 22-03-2019
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 Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal For short term Silver is in HOLD SHORT position.Positionally Immediate support for Silver is 37599.Resistance for the Silver is 38455-38488-38663-39175-39208-39547- Short term and Intraday Level of SILVER Currently Silver is in HOLD LONG position Silver has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 38634 with stop at 37750 The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 38634 with a stop at 38039 Below 37892 go for sell and put stop at 38487
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