MTECHTIPS MCX SILVER INTRADAY trading tips 29-09-2016
MTECHTIPS MCX Silver is in long- term bull phase .Currently Silver is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above47826 or buy with strict stop at 44871. The oscillator is showing SELL signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 45337-43941-.Resistance for the Silver is 45833-46216-46296-46407-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position The Silver is in downtrend For short term buy only if close above 46316.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 45931.3 with a stop at 45363.8 Below 45235.7 go for sell and put stop at 45802.7.