Tuesday 4 November 2014

CAPITAL STROKE UPDATE 5 November 2014: MCX SILVER




SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-38000 R1-36500 S1-34500 S2-33500 
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 . In last few days volume based selling happened in the Silver. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 34983.Resistance for the Silver is 37418-37886-38193-39764-41174-41971-

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