SILVER TREND FOR TODAY- 27-April-2013

Silver is bearish for medium-long term .Currently Silver is in strong downtrend with good momentum 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 BUY signal For short term Silver is in SELL position.Positionally Support for the Silver is 43507-.Resistance for the Silver is 45714-48268-51413-53252-54660-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy only above 45820.0 with stop at 42338.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 45733.5 with a stop at 44297.6 Below 43879.9 go for sell
Intraday Resistance of SILVER are 45223.6/45642.2/46337.1/45401.8/45508.4
Intraday Support of SILVER are 44386.4/43967.8/43272.9/44553.5/44448

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