Thursday, 7 March 2013

SILVER TREND FOR TODAY- 08-March-2013


Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is on BUY Signal and Silver is recovering from oversold level .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above56596 or buy with strict stop at 52411. 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 53915-53873-.Resistance for the Silver is 55561-57268-58074-59092-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy only above 55500.0 with stop at 53587.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 55313.3 with a stop at 54273.8 Below 54000.9 go for sell
Intraday Resistance of SILVER are 54989/55265.4/55301.7/55419.3
Intraday Support of SILVER are 54323/54046.6/54365/54248.5

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