Monday 29 July 2013

SILVER TREND FOR TODAY- 29-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 SELL signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 40836-40604-.Resistance for the Silver is 41261-41921-42699-43849-
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 41413.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 41663.7 with a stop at 40703.1 Below 40438.4 go for sell and put stop at 41397.9
Intraday Resistance of SILVER are 41223.8 : 41368 : 41354.5 : 41396.8
Intraday Support of SILVER are 40876.2 : 40732 : 40746.7 : 40704.7

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