WEEKLY ANALYSIS AND TRADE SETUP- 23 APRIL 2017

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WEEKLY ANALYSIS AND TRADE SETUP- 23 APRIL 2017

Post by AVINASH on Sun Apr 23, 2017 8:48 pm

We are holding our short in silver for target of 40600.

Previous weekly analysis mentioned about 42300 level , From this level prices reacted very well
and fallen till 41000 odd level and now retracing. We are holding our short position as we expect price may fall till 40000 odd level.

At present silver is in monthly, weekly sideways move and trend on  daily and 240 min has turned down from up in last week .

OI is suggesting addition of shorts in system which in line with our expectation of more fall till 40000 odd level.


Trend Analysis:




OI Data Analysis:




Trade Setup:

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