Friday 7 November 2014

CAPITAL STROKE UPDATE 7 November 2014: MCX SILVER





SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-37000 R1-35500 S1-33000 S2-32000
Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Silver. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 33595.Resistance for the Silver is 36657-37287-37824-39458-40882-41826-

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