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. In last few days volume based selling
happened in the Silver. The Silver is now trading in oversold level. The Silver
is now trading in oversold level. The oscillator is showing SELL signal For
short term Silver is in SELL position.Positionally Immediate
support for Silver is 52865.Resistance for the Silver is 55466-56369-57230-58050-59154-59593-
Short
term and Intraday Level of SILVER
Currently Silver is in SELL position Silver is showing some Up
momentum So buy above 54201.0 with stop at 53077.0 The Silver is now trading in
highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 54478.1 with a stop at 53261.6 Below 52928.6 go for sell and put stop at 54143.7
Intraday Resistance of SILVER are 54071.1/54377.4/54208/54324.5
Intraday Support of SILVER are 53332.9/53026.6/53280.7/53165.3
Intraday Trend- Buy is advised only above 54478.1 with a stop at 53261.6 Below 52928.6 go for sell and put stop at 54143.7
Intraday Resistance of SILVER are 54071.1/54377.4/54208/54324.5
Intraday Support of SILVER are 53332.9/53026.6/53280.7/53165.3
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