Friday, 29 March 2013

SILVER TREND FOR TODAY- 30-March-2013


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 .. The oscillator is showing SELL signal For short term Silver is in SELLposition.Positionally Immediate support for Silver is 53037.Resistance for the Silver is 54479-54549-54550-55657-56735-57728-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 54340.0 with stop at 53250.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 54068.3 with a stop at 53259.1 Below 53061.3 go for sell
Intraday Resistance of SILVER are 53928.6/54231.2/54130.7/54247
Intraday Support of SILVER are 53199.4/52896.8/53204/53088.7

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