Wednesday, 6 March 2013

SILVER TREND FOR TODAY- 07-March-2013


Silver is bearish for medium-long term .Currently Silver is in downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is on BUY Signal and Silver is recovering from oversold level For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 53976-53821-.Resistance for the Silver is 55710-57335-58180-59145-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 54251 Very Short term investor please cautious on Silver as it is moving with low volatality The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 55916.4 with a stop at 54440.5 Below 54022.9 go for sell with a stop at 55497.2
Intraday Resistance of SILVER are 55243/55518/55974.5/55460/55577.8
Intraday Support of SILVER are 54693/54418/53961.5/54522/54405.3

To Get Free Tips:
9770670009, 0731-3299704

0 comments :

Post a Comment