Silver is bearish for medium-long term .Currently Silver is in strong
downtrend with good momentum 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 HOLD SHORT position.Positionally
Immediate support for Silver is 42112.Resistance for the Silver is
44536-44822-44845-48124-50269-52315-
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 44303.0 The
oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 43964.8 with a stop at 42868.6 Below 42561.7 go for sell and put stop at 43656.7
Intraday Resistance of SILVER are 43877 : 44387.5 : 43286.2 : 43329.5
Intraday Support of SILVER are 42647 : 42136.5 : 42664.3 : 42621.3
Intraday Trend- Buy is advised only above 43964.8 with a stop at 42868.6 Below 42561.7 go for sell and put stop at 43656.7
Intraday Resistance of SILVER are 43877 : 44387.5 : 43286.2 : 43329.5
Intraday Support of SILVER are 42647 : 42136.5 : 42664.3 : 42621.3
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