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SILVERM Intraday Tips For 12 Dec 2018

Last update on 10 Dec 2018
SILVERM (EXP 28 Feb 2019) CMP-38405 currently close up side in intraday. It is likely to test resistance 38688.70 / 38972.35 / 39446.70. If it breaks below 38214.35 with volume then it may test lowerside supports, such as 37930.70 / 37456.35 / 37172.70.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 39446.70
R3 38972.35
R2 38688.70
R1 38451.50
PP 38214.35
S1 38072.50
S2 37930.70
S3 37456.35
S4 37172.70
Last Day High 38498
Last Day Low 37740
Last Day Close 38405
Close up side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)