Tuesday, 8 January 2013

Silver trend for today- 09-Jan-2013

Silverm is bearish for medium-long term .Currently Silverm is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silverm if it close above59819 or buy with strict stop at 56618. The oscillator is showing BUY signal For short term Silverm is in HOLD LONG position.Positionally Support for the Silverm is 57851-57822-.Resistance for the Silverm is 59550-60680-61046-61326-

Short term and Intraday Level of SILVERM

Currently Silverm is in HOLD LONG position Silverm is moving sideways so short term investor better to buy if close above 59370.0 closing below 56845.0 Sell will happen. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 59631.6 with a stop at 57865.8 Below 57356.5 go for sell and put stop at 59120.3
Intraday Resistance of SILVERM are 58766.5/58994.4/58881.3/59002.7
Intraday Support of SILVERM are 58217.5/57989.6/57914.7/57794.4




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