Sunday 3 August 2014

CAPITAL STROKE UPDATE 4-August-2014: MCX SILVER




SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-47000 R1-46000 S1-43000 S2-41500
The Silver is in long- medium- term bull phase .Currently Silver is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Support for the Silver is 43006-42928-42576-.Resistance for the Silver is 44746-44925-44957-

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