Silver is bearish for
medium-long term .Currently Silver is in strong downtrend but volume is
unsatisfactory 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 inSELL position.Positionally Immediate
support for Silver is 50221.Resistance for the Silver is
52290-53041-53720-54576-56037-56909-
Short term and Intraday Level of SILVER
Currently
Silver is in HOLD LONG position In short term Silver is in strong up
trend so hold with stop at 51061 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 51871.4 with a stop at 50811.3 Below 50526.9 go for sell with stop at 51585.9
Intraday Resistance of SILVER are 51465.9/51688.2/51729.5/51843.3
Intraday Support of SILVER are 50930.1/50707.8/50823.8/50711.1
Intraday Trend- Buy is advised above 51871.4 with a stop at 50811.3 Below 50526.9 go for sell with stop at 51585.9
Intraday Resistance of SILVER are 51465.9/51688.2/51729.5/51843.3
Intraday Support of SILVER are 50930.1/50707.8/50823.8/50711.1
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