MTECHTIPS MCX SILVER INTRADAY trading tips 30-09-2016
MTECHTIPS MCX Silver is in long- short-medium- term bull phase .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 45555-45395-43990-.Resistance for the Silver is 46211-46238-46427-
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 46061.0 The Silver is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 46192.9 with a stop at 45609.3 Below 45476.2 go for sell and put stop at 46059.