MTECHTIPS MCX SILVER INTRADAY trading tips 22-09-2016
MTECHTIPS MCX Silver is in perfect uptrend .Currently Silver is moving sideways The oscillator is showing BUY signal but has moved past its recent high with good volume points to a positive break out . The oscillator is showing BUY signal For short term Silver is in HOLD SHORT position and closed above 1 week high with volume signals up breakout.Positionally Support for the Silver is 45943-45788-45772-45164-44948-43677-. Immediate resistance for Silver is 47514
Short term and Intraday Level of SILVER
Silver closed above 1 week high with volume signals up breakoutCurrently 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 48071 with stop at 45051.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 48071 with a stop at 46672.5 Below 46270.3 go for sell and put stop at 47667.