MTECHTIPS MCX SILVER INTRADAY trading tips 26-09-2016
MTECHTIPS MCX Silver is in perfect uptrend .Currently Silver is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above47885 or buy with strict stop at 44871. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 46161-45936-45925-45277-45150-43803-. Immediate resistance for Silver is 47885
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 46549 The Silver is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 47394.9 with a stop at 46482.2 Below 46241 go for sell with stop at 47152.8.