MTECHTIPS MCX SILVER INTRADAY trading tips 05-12-2018

MTECHTIPS MCX SILVER INTRADAY trading tips 05-12-2018

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 oscillator is on BUY Signal and Silver is recovering from oversold level For short term Silver is in HOLD SHORT position.Positionally Support for the Silver is 36187-35990-.Resistance for the Silver is 37057-37713-37833-37937-

Short term and Intraday Level of SILVER Currently Silver is in SELL position Silver is in sideways and sellers was at high so for short term better buy above 37025 or hold with stop at 34981 The next resistance will be at 36727 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 37025.7 with a stop at 36402 Below 36243 go for sell and put stop at 36866

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