MTECHTIPS MCX SILVER INTRADAY trading tips 06-02-2017
MTECHTIPS Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is on SELL signal and Silver is coming down from overbought level .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above42638 or buy with strict stop at 40308. The oscillator is on SELL signal and Silver is coming down from overbought level For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 41457-41364-40965-40880-40463-.Resistance for the Silver is 41983-
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 41625 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 42120.3 with a stop at 41594.1 Below 41474.7 go for sell with a stop at 42000.4


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