MTECHTIPS MCX SILVER INTRADAY trading tips 19-04-2018

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MTECHTIPS MCX SILVER INTRADAY trading tips 19-04-2018

MTECHTIPS  Silver is in strong uptrend 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 and closed above 1 month high with volume signals up breakout.Positionally Support for the Silver is 38777-38620-38609-38558-38436-38367-. Immediate resistance for Silver is 40601 Short term and Intraday Level of SILVER Silver closed above 1 week high with volume signals up breakoutCurrently Silver is in HOLD LONG position Silver has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 41091 with stop at 38570 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 41091 with a stop at 39962 Below 39641 go for sell and put stop at 40768

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