MTECHTIPS MCX SILVER INTRADAY trading tips 18-06-2018

MTECHTIPS MCX SILVER INTRADAY trading tips 18-06-2018

MTECHTIPS  Silver is showing some up move after small correction and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY and Silver closed below 1 week low with volume signals down breakout.Positionally Support for the Silver is 39688-39276-39057-.Resistance for the Silver is 40395-40417-40575- Short term and Intraday Level of SILVER Silver and closed below 1 week low with volume signals down breakoutCurrently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy only above 41698 with stop at 40141 The Silver is now trading is approaching overbought level. The oscillator is on SELL signal and Silver is coming down from overbought level Intraday Trend- Buy is advised above 41133 with a stop at 39693 Below 39268 go for sell

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