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
52845-53461-53990-54851-56220-57133-
Short
term and Intraday Level of SILVER
Currently Silver is in SELL position Silver is showing some Up
momentum So buy above 51367.0 with stop at 50423.0 The Silver is now trading is
approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 52156.1 with a stop at 51090.1 Below 50804.2 go for sell and put stop at 51869
Intraday Resistance of SILVER are 51930.6/52305.5/51727.2/51841
Intraday Support of SILVER are 51027.4/50652.5/50821.5/50708.8
Intraday Trend- Buy is advised only above 52156.1 with a stop at 51090.1 Below 50804.2 go for sell and put stop at 51869
Intraday Resistance of SILVER are 51930.6/52305.5/51727.2/51841
Intraday Support of SILVER are 51027.4/50652.5/50821.5/50708.8
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