MTECHTIPS MCX SILVER INTRADAY trading tips 17-04-2018

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MTECHTIPS MCX SILVER INTRADAY trading tips 17-04-2018

MTECHTIPS  Silver is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Silver is 38591-38479-38472-38469-38379-38356-. Immediate resistance for Silver is 39617 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 39459 closing below 38382 Sell will happen. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 39419 with a stop at 38904 Below 38785 go for sell and put stop at 39300

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