The MCX Silver is in perfect uptrend .Currently MCX Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the MCX Silver Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY.
MCX SILVER SUPPORT AND RESISTANCE :-
Support for the Silver is 56534-56220-55440-54077-53874-53316
Immediate resistance for Silver is 58867
MCX SILVER INTRADAY TREND :-
Buy is advised only above 59755.2 with a stop at 57775.8
Below 57195.5 go for sell and put stop at 59172.6
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