SILVER TREND FOR TODAY- 13-FEB-2013

Silver is bearish for medium-long term .Currently Silver is in strong downtrend 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 HOLD SHORT position.Positionally Immediate support for Silver is 56982.Resistance for the Silver is 58407-58412-58873-58908-60047-60067-

Short term and Intraday Level of SILVER

Currently Silver is in SELL position The Silver is in downtrend For short term buy only if close above 58090.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 58151.9 with a stop at 57200 Below 56960.1 go for sell and put stop at 57911
Intraday Resistance of SILVER are 57787/57979.5/57946.8/58067.2
Intraday Support of SILVER are 57323/57130.5/56987.9/56868.6

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