MTECHTIPS MCX SILVER INTRADAY trading tips 07-08-2018

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MTECHTIPS MCX SILVER INTRADAY trading tips 07-08-2018

MTECHTIPS  Silver is bearish for medium-long term .Currently Silver is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Silver is in HOLD SHORT position.Positionally Immediate support for Silver is 37585.Resistance for the Silver is 38367-38428-38894-39490-39504-39650-

Short term and Intraday Level of SILVER Currently Silver is in SELL position The Silver is in downtrend For short term buy only if close above 38198 The Silver is now trading is approaching oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 38273 with a stop at 37669 Below 37519 go for sell

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