December 5, 2016

MTECHTIPS MCX SILVER INTRADAY trading tips 19-09-2016

MTECHTIPS MCX SILVER Silver is in long- short-medium- short- term bull phase .Currently Silver is moving sideways The oscillator is showing BUY signal .In last 1 month volatility is very less Buy the Silver above 47885 or buy with strict stop at 43385. The oscillator is showing BUY signal For short term Silver is in HOLD SHORT position.Positionally Support for the Silver is 45220-45183-44558-43471-.Resistance for the Silver is 46226-46418.

 

Short term and Intraday Level of SILVER

 

Currently Silver is in HOLD SHORT position Silver is moving sideways so short term investor better to buy if close above 46760.0 closing below 45080.0 Sell will happen. The Silver is now trading in highly oversold level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 46165.8 with a stop at 45329.3 Below 45111.9 go for sell and put stop at 45947.

 

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