Monday, 11 March 2013

SILVER TREND FOR TODAY- 12-March-2013


Silver is bearish for medium-long term .Currently Silver is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 54112-53958-.Resistance for the Silver is 55151-57051-57759-58908-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD SHORT position Silver is in down trend so buy above 55043.0 The sell will again come if below 53892.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 55249.5 with a stop at 54211.2 Below 53938.6 go for sell
Intraday Resistance of SILVER are 54912.5/55177.7/55152/55269.5
Intraday Support of SILVER are 54273.5/54008.3/54216.6/54100.3

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