SILVER MCX TREND 17 December

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Currently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 57400.0 with stop at 52316.0. The Silver is now trading is approaching oversold level. The oscillator is on BUY Signal and Silver is recovering from oversold level

Silver Support and Resistance

Immediate support for Silver is 52107.Resistance for the Silver is 55194-55781-55960-56063-56066-57384.

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MCX SILVER TIPS TODAY 4 July

Overall trend of the 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 SELL signal For short term Silver is in HOLD SHORT position.

SILVER SUPPORT AND RESISTANCE :-

Immediate support for Silver is 49340.

Resistance for the Silver is 51761-52536-53359-54324-56774-57526

SILVER INTRADAY TREND TODAY :- (Get FREE on mobile)

Buy is advised above 51164.5 with a stop at 49747.1 Below 49342.7 go for sell

SILVER INTRADAY TIPS TODAY :-

Silver: Sell -50 500,  stoploss-50 750, target -49 900