Thursday 24 July 2014

CAPITAL STROKE UPDATE 25-July-2014 : MCX SILVER



SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-47000 R1-45500 S1-42000 S2-40500
The Silver is in long- medium- term bull phase .Currently Silver is showing some down move and trend is strong momentum is also showing strength 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 SELL signal For short term Silver is in SELL position and closed below 3 week low with volume signals down breakout.Positionally Support for the Silver is 43039-42666-42496-.Resistance for the Silver is 44967-45171-45177-

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