MTECHTIPS MCX SILVER INTRADAY trading tips 30-07-2018

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MTECHTIPS MCX SILVER INTRADAY trading tips 30-07-2018

MTECHTIPS  Silver is bearish for medium-long term .Currently Silver is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is on BUY Signal and Nickel is recovering from oversold level For short term Silver is in SELL position.Positionally Immediate support for Silver is 37722.Resistance for the Silver is 38618-38955-39190-39542-39765-39797- Short term and Intraday Level of SILVER Currently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 38624 with stop at 38003 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 38624 with a stop at 38138 Below 38028 go for sell and put stop at 38513

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