MTECHTIPS MCX SILVER INTRADAY trading tips 24-04-2018

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MTECHTIPS MCX SILVER INTRADAY trading tips 24-04-2018

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 .Positionally Support for the Silver is 39337-38950-38754-38647-38579-38415-. Immediate resistance for Silver is 40932 Short term and Intraday Level of SILVER Currently Silver is in HOLD LONG position Silver is in profit booking mode so better sell and enter at lower level 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 40141 with a stop at 39163 Below 38890 go for sell

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