Monday 29 September 2014

CAPITAL STROKE UPDATE 30-September-2014: MCX SILVER



SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-42000 R1-40500 S1-38000
S2-36500
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 .. 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 Immediate support for Silver is 38567.Resistance for the Silver is 40112-40655-41232-42540-42629-43205-

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