MTECHTIPS MCX SILVER INTRADAY trading tips 23-01-2018

MTECHTIPS MCX SILVER INTRADAY trading tips 23-01-2018

MTECHTIPS  Silver is bearish for medium-long term .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. 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 38792-38617-38402-.Resistance for the Silver is 39246-39287-39447- Short term and Intraday Level of SILVER Currently Silver is in HOLD SHORT position Silver is moving sideways so short term investor better to buy if close above 39693 closing below 38573 Sell will happen. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 39246 with a stop at 38806 Below 38712 go for sell and put stop at 39151

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