silver intraday trading levels for 16 oct 2015

silver future today closed at 37613 with gain.
On daily chart, silver future 1 week price channel is up.
And 1 month price channel is showing uptrend.
Daily chart RSI is at 65 and bullish.
mcx silver intraday support levels are 37400 and 36625.
mcx silver intraday resistance levels are 37835 and 38200.
mcx silver intraday trade will be
buy mcx silver dec future around 37400
with stop loss for target 38200 and above.

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Pramod Baviskar

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