MTECHTIPS MCX SILVER INTRADAY trading tips 27-08-2018

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MTECHTIPS MCX SILVER INTRADAY trading tips 27-08-2018

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 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 37288-37571-37920-38726-39295-39347- Short term and Intraday Level of SILVER Currently Silver is in HOLD SHORT position Silver is in sideways and sellers was at high so for short term better buy above 37408 or hold with stop at 36534 The next resistance will be at 37172 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 37408 with a stop at 36765.Below 36600 go for sell and put stop at 37243

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