Friday, 26 July 2013

SILVER TREND FOR TODAY- 26-July-2013

Silver is bearish for medium-long term .Currently Silver is in strong uptrend but volume is unsatisfactory 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 40852-40835-40502-.Resistance for the Silver is 42048-42810-44089-
Short term and Intraday Level of SILVER
Currently Silver is in SELL position Silver is moving sideways so short term investor better to buy only above 42444.0 with stop at 40312.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 42012.5 with a stop at 41110.3 Below 40865.5 go for sell
Intraday Resistance of SILVER are 41928.6 : 42335.8 : 41743.9 : 41786.4
Intraday Support of SILVER are 40947.4 : 40540.2 : 41133.2 : 41091

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