SILVER TREND FOR TODAY- 19-JAN-2013

Silver is bearish for medium-long term .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Silver is 58604-58398-58072-.Resistance for the Silver is 60378-60467-60750-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position Silver is in profit booking mode so hold with stop at 58952 The Silver is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 60209.9 with a stop at 58990.9 Below 58664.7 go for sell and put stop at 59882.4
Intraday Resistance of SILVER are 59734.1/59981.6/59918.2/60040.7
Intraday Support of SILVER are 59137.9/58890.4/58943.1/58821.8

To Get Free Tips:

Commodity Tips

Bullion Tips

Trading Tips

9770670009,0731-3299704