MTECHTIPS MCX SILVER INTRADAY trading tips 01-08-2018

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MTECHTIPS MCX SILVER INTRADAY trading tips 01-08-2018

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 Silver 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 38529-38753-39085-39530-39681-39772- Short term and Intraday Level of SILVER Currently Silver is in HOLD SHORT position The Silver is in downtrend For short term buy only if close above 38417 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 38638 with a stop at 38124 Below 38004 go for sell and put stop at 38518

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