Thursday 16 October 2014

CAPITAL STROKE UPDATE 17 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 showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above39851 or buy with strict stop at 37062. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 38531-38322-.Resistance for the Silver is 39707-41204-42312-42439-

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