Tuesday 28 October 2014

CAPITAL STROKE UPDATE 28 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 showing some down move and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing BUY signal For short term Silver is in HOLD SHORT position.Positionally Immediate support for Silver is 37783.Resistance for the Silver is 38570-38577-38842-40453-41860-42185-

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