November 24, 2017

MTECHTIPS MCX SILVER INTRADAY trading tips 02-02-2017

MTECHTIPS Silver is bearish for medium-long term .Currently Silver is moving sideways The Silver is now trading in overbought level. The Silver is now trading in overbought level. 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 above42418 or buy with strict stop at 40308. The Silver is now trading in overbought level. The Silver is now trading in overbought level. The oscillator is showing SELL signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 41424-41248-40970-40699-40407-. Immediate resistance for Silver is 42418

Short term and Intraday Level of SILVER

 

Currently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy only above 42249.0 with stop at 40470.0 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 42274.2 with a stop at 41655.1 Below 41505 go for sell

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