mcx silver intraday forecast 8 oct 2015

silver dec future today is trading at 37508 with gain.
On daily chart, silver future 1 week price channel is up.
And 1 month price channel also showing uptrend.
Daily chart RSI is at 67 and approaching overbought zone.
mcx silver intraday support levels are 37328 and 36400.
And mcx silver intraday resistance levels are 38340 and 38780.
mcx silver intraday trade will be sell on rise for correction.
sell near or above resistance with stop loss.

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Pramod Baviskar

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