Silver is bearish for medium-long term .Currently Silver
is in strong downtrend with good momentum and the trend is supported with good
volume The open interest is not increasing with trend . Noting point is selling
at lower levels seems decreasing. The oscillator is showing SELL signal For
short term Silver is in SELL position.Positionally Immediate
support for Silver is 51219.Resistance for the Silver is
54354-54425-54541-55536-56671-57647-
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 53933.0 The oscillator is showing BUY
signal
Intraday Trend- Buy is advised only above 53792.7 with a stop at 52353.8 Below 51741.7 go for sell
Intraday Resistance of SILVER are 53685.3/54298.6/55316.7/53159.1/53274.5
Intraday Support of SILVER are 52458.7/51845.4/50827.3/52240.9/52126.7
Intraday Trend- Buy is advised only above 53792.7 with a stop at 52353.8 Below 51741.7 go for sell
Intraday Resistance of SILVER are 53685.3/54298.6/55316.7/53159.1/53274.5
Intraday Support of SILVER are 52458.7/51845.4/50827.3/52240.9/52126.7
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