February 21, 2017

MTECHTIPS MCX SILVER INTRADAY trading tips 09-02-2017
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 Silver is in HOLD LONG position.Positionally Support for the Silver is 41686-41608-41527-41226-40972-40564-. Immediate resistance for Silver is 42750
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 42580.0 with stop at 41444.0 The Silver is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 42655.1 with a stop at 42148 Below 42035.8 go for sell


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