Friday, 26 July 2013

SILVER TREND FOR TODAY- 27-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 40581-.Resistance for the Silver is 41161-41203-41988-42749-43965-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is moving sideways with low volatality so short term investor better to buy if close above 42444.0 close below 40449.0 Sell will happen. The oscillator is showing SELL signal
Intraday Trend-Intraday better to buy above 41810.6 and Sell if below39719.2
Intraday Resistance of SILVER are 41289.9 : 41727.2 : 41066.4 : 41108.6
Intraday Support of SILVER are 40236.1 : 39798.8 : 40460.7 : 40418.9

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