Sunday, 10 February 2013

SILVER TREND FOR TODAY- 11-FEB-2013


Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above60214 or buy with strict stop at 57242. The oscillator is showing SELL signal For short term Silver is in HOLD LONG position.Positionally Immediate support for Silver is 57242.Resistance for the Silver is 58581-58648-58952-59063-60095-60160-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is showing some Up momentum So buy above 58449.0 with stop at 57762.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 58767.9 with a stop at 57927.6 Below 57725.7 go for sell and put stop at 58565.2
Intraday Resistance of SILVER are 58317.7/58377.2/58706.6/58827.8
Intraday Support of SILVER are 58174.3/58114.8/57741.4/57621.3


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