MTECHTIPS MCX SILVER INTRADAY trading tips 23-08-2018

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MTECHTIPS MCX SILVER INTRADAY trading tips 23-08-2018

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 . Noting point is selling at lower levels seems decreasing. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 36277.Resistance for the Silver is 37535-37723-38045-38900-39375-39386- Short term and Intraday Level of SILVER Currently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy only above 37677 with stop at 36423 The Silver is now trading is approaching oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 37160 with a stop at 36733 Below 36639 go for sell

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