Silver is
bearish for medium-long term .Currently Silver is in strong downtrend with good
momentum and the trend is supported with good volume The open interest is not
increasing with trend .. The oscillator is showing SELL signal For short term
Silver is in SELL position.Positionally Immediate
support for Silver is 57242.Resistance for the Silver is 58937-59042-59239-59687-60312-60362-
Short term and Intraday Level of SILVER
Currently
Silver is in HOLD LONG position Silver is moving sideways so short term
investor better to buy only above 59139.0 or hold with stop at 57472.0 The
Silver is now trading is approaching oversold level. The oscillator is on BUY
Signal and Silver is recovering from oversold level
Intraday Trend- Buy is advised above 58391.4 with a stop at 57520.8 Below 57308.3 go for sell
Intraday Resistance of SILVER are 58292.3/58735.7/59471.6/58618.2/58739.3
Intraday Support of SILVER are 57405.7/56962.3/56226.4/57653.8/57533.8
Intraday Trend- Buy is advised above 58391.4 with a stop at 57520.8 Below 57308.3 go for sell
Intraday Resistance of SILVER are 58292.3/58735.7/59471.6/58618.2/58739.3
Intraday Support of SILVER are 57405.7/56962.3/56226.4/57653.8/57533.8
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