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SILVER Intraday Tips For 23 Feb 2019

Last update on 21 Feb 2019
SILVER (EXP 05 Mar 2019) CMP-40164 currently close down side in intraday. It is likely to test support 40007.30 / 39850.65 / 39576.30. If it breaks above 40281.65 with volume then it may test upperside resistance, such as 40438.30 / 40712.65 / 40869.30.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 40869.30
R3 40712.65
R2 40438.30
R1 40360.00
PP 40281.65
S1 40144.50
S2 40007.30
S3 39850.65
S4 39576.30
Last Day High 40556
Last Day Low 40125
Last Day Close 40164
Close down side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)