Thursday 18 July 2013

SILVER TREND FOR TODAY- 19-July-2013

Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above42130 or buy with strict stop at 39591. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Immediate support for Silver is 39591.Resistance for the Silver is 40743-40798-40945-42304-43035-44859-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 41962.0 with stop at 39931.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 41479.1 with a stop at 39931.3 Below 39470.6 go for sell and put stop at 41016.5
Intraday Resistance of SILVER are 40776.7 : 41028.8 : 40775.3 : 40817.3
Intraday Support of SILVER are 40169.3 : 39917.2 : 40171.8 : 40130.1


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