MTECHTIPS MCX silver intraday trading analysis 10-04-2015
mcx silver future on last trading session closed at 36285 with loss. on daily chart, silver future price trend and momentum both are bearish. 37500 was medium term bearish below for 36000 and 34700 targets. form short term view, silver future has supports around 35800 and then 34800. while on upside 36900 and then 37200 are strong resistances as well as target zones. daily chart indicators are overbought suggesting correction as well as consolidation ahead.


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