Thursday, 12 December 2013

SILVER TREND FOR TODAY- 13-Nov-2013

Silver is bearish for medium-long term .Currently Silver is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 44096-44051-.Resistance for the Silver is 45367-47163-48498-48725-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 44673 The Silver is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 45341.7 with a stop at 43988.3 Below 43597.5 go for sell with stop at 44949.3
Intraday Resistance of SILVER are 44859.6 : 45251.1 : 45901.2 : 44784.9 : 44828.9
Intraday Support of SILVER are 44076.4 : 43684.9 : 43034.8 : 44152.3 : 44108.6

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