Thursday, 7 August 2014

CAPITAL STROKE UPDATE 8-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 with good momentum 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 43258-42815-42658-.Resistance for the Silver is 44254-44611-44828-


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