Sunday 17 August 2014

CAPITAL STROKE UPDATE 18-August-2014: MCX SILVER



SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-46500 R1-45000 S1-42000 S2-40500

The Silver is in long- term bull phase .Currently Silver is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Support for the Silver is 42737-42713-.Resistance for the Silver is 43913-43985-44076-44612-

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