Wednesday 15 October 2014

CAPITAL STROKE UPDATE 16 October 2014: MCX SILVER





SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-42000 R1-40500 S1-38000 S2-36500

Overall trend of the Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is on BUY Signal and Silver is recovering from oversold level .In last 1 month volatality is very less Buy the Silver above 40054 or buy with strict stop at 37062. The oscillator is on BUY Signal and Silver is recovering from oversold level For short term Silver is in HOLD SHORT position.Positionally Support for the Silver is 38574-38286-.Resistance for the Silver is 39831-41310-42331-42515-

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