MTECHTIPS MCX SILVER INTRADAY trading tips 17-08-2018
MTECHTIPS Silver is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Silver. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal For short term Silver is in HOLD SHORT position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Silver is 36277.Resistance for the Silver is 37974-38116-38388-39200-39442-39533-
Short term and Intraday Level of SILVER Silver and closed below 1 week low with volume signals down breakoutCurrently Silver is in SELL position The Silver is in downtrend For short term buy only if close above 37903 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 37725 with a stop at 36435 Below 36055 go for sell
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Published on
Aug 17 2018 11:06AM, by
MTECHTIPS in
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