Tuesday, 5 August 2014

CAPITAL STROKE UPDATE 6-August-2014: MCX SILVER




SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-46500 R1-45000 S1-42000 S2-40500

The Silver is in long- medium- term bull phase .Currently Silver is in strong downtrend but volume is unsatisfactory 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 SELL position.Positionally Support for the Silver is 43116-42876-42614-.Resistance for the Silver is 44484-44724-44879-

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