Monday 17 November 2014

CAPITAL STROKE UPDATE 17 November 2014: MCX SILVER



SILVER R2-39000 R1-37800 S1-35000 S2-34200

Overall trend of the Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is on BUY Signal and Silver is recovering from oversold level but has moved past its recent high with good volume points to a positive break out . The oscillator is on BUY Signal and Silver is recovering from oversold level For short term Silver is in SELL position and closed above 1 week high with volume signals up breakout.Positionally Support for the Silver is 35645-34850-.Resistance for the Silver is 37001-38611-40111-41319-

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