Sunday 14 July 2013

SILVER TREND FOR TODAY- 15-July-2013

Silver is bearish for medium-long term .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 40929-40542-40269-.Resistance for the Silver is 42492-43178-45419-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 42491.7 with stop at 39930.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 42491.7 with a stop at 40934.5 Below 40472 go for sell and put stop at 42027.3
Intraday Resistance of SILVER are 41539.1 : 41588.2 : 41786.1 : 41828.6
Intraday Support of SILVER are 41420.9 : 41371.8 : 41175.1 : 41132.9

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1 comments :

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