Silver is bearish for medium-long term .Currently Silver
is in strong downtrend and the trend is supported with good volume The open
interest is not increasing with trend . In last few days volume based selling
happened in the Silver. The oscillator is showing SELL signal For short term
Silver is in SELL position.Positionally Immediate
support for Silver is 51049.Resistance for the Silver is
53868-54101-54405-55292-56502-57457-
Short
term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position The Silver is in downtrend For short term
buy only if close above 53233.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 52451.9 with a stop at 50933.8 Below 50497.6 go for sell
Intraday Resistance of SILVER are 51910.1/52347.2/53072.8/52314.4/52428.9
Intraday Support of SILVER are 51035.9/50598.8/49873.2/51403.6/51290.3
Intraday Trend- Buy is advised above 52451.9 with a stop at 50933.8 Below 50497.6 go for sell
Intraday Resistance of SILVER are 51910.1/52347.2/53072.8/52314.4/52428.9
Intraday Support of SILVER are 51035.9/50598.8/49873.2/51403.6/51290.3
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