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 50221.Resistance for the Silver is
53114-53652-54130-54988-56307-57242-
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 51790.0 The Silver is now trading is approaching
oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 52236.9 with a stop at 50265.4 Below 49677.8 go for sell and put stop at 51646.9
Intraday Resistance of SILVER are 51242/51480.1/51312.7/51426
Intraday Support of SILVER are 50668/50429.9/50410.6/50298.4
Intraday Trend- Buy is advised only above 52236.9 with a stop at 50265.4 Below 49677.8 go for sell and put stop at 51646.9
Intraday Resistance of SILVER are 51242/51480.1/51312.7/51426
Intraday Support of SILVER are 50668/50429.9/50410.6/50298.4
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