MTECHTIPS MCX SILVER INTRADAY trading tips 05-10-2018
MTECHTIPS Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Silver is now trading in overbought level. The Silver is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Silver is 38482-37998-37954-37699-37415-37363-. Immediate resistance for Silver is 39486 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 38462 The Silver is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 39323 with a stop at 38756 Below 38619 go for sell with a stop at 39186
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