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MTECHTIPS MCX SILVER
INTRADAY trading tips 29-11-2018
MTECHTIPS Silver is bearish for medium-long term
.Currently Silver is in strong downtrend and the trend is supported with good
volume The open interest is not increasing with trend .. The Silver is now
trading in oversold level. The Silver is now trading in oversold level. The
oscillator is showing SELL signal For short term Silver is in HOLD SHORT
position.Positionally Immediate support for Silver is 35561.Resistance for the
Silver is 36640-36746-37474-37776-37973-38068- Short term and Intraday Level of
SILVER Currently Silver is in SELL position The Silver is in downtrend For
short term buy only if close above 36301.0 Selling pressure seems to be
deceasing So Short term sellers have to take a cautious approach.Short only
below 35704 The Silver is now trading is approaching oversold level. The
oscillator is showing SELL signal Intraday Trend- Buy is advised only above
36507 with a stop at 35897 Below 35742 go for sell and put stop at 36351
07489294118-119
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