Tuesday 13 August 2013

SILVER TREND FOR TODAY- 14-Aug-2013

Silver is in perfect uptrend .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Silver. The oscillator is showing BUY signal For short term The current position is BUY and closed above 1 month high with volume signals up breakout.Positionally Support for the Silver is 42674-42509-42180-41952-41641-41227-. Immediate resistance for Silver is 47355
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 43572 The Silver is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy if open above 46891.9 with a stop at 45646.2 or buy above 47423.3 Below 45116.9 go for sell or sell if open below45646.2
Intraday Resistance of SILVER are 46798.3 : 47328.7 : 48209 : 46591.2 : 46636.1
Intraday Support of SILVER are 45737.7 : 45207.3 : 44327 : 45945.9 : 45901.3

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