Monday 20 October 2014

CAPITAL STROKE UPDATE 20 OCTOBER 2014 : MCX SILVER





SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-41000 R1-39500 S1-37000 S2-36000
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 above39792 or buy with strict stop at 37062. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Immediate support for Silver is 37062.Resistance for the Silver is 38600-38784-39564-41105-42283-42363-

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