Wednesday, 24 April 2013

SILVER TREND FOR TODAY- 25-April-2013


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 . Noting point is selling at lower levels seems decreasing. The Silver is now trading in highly oversold level. The Silver is now trading in highly oversold level. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 42169.Resistance for the Silver is 44188-46610-48998-51786-53601-54918-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is in sideways and sellers was at high so for short term better buy above 43738.1 or hold with stop at 42338.0 The next resistance will be at 44070.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 43738.1 with a stop at 42427.6 Below 42048.9 go for sell and put stop at 43357.9
Intraday Resistance of SILVER are 43307.3/43652/43371.2/43475.4
Intraday Support of SILVER are 42476.7/42132/42542.2/42439.1

To Get Free Tips:
9770670009, 0731-3299704

0 comments :

Post a Comment