SILVER TREND FOR TODAY- 26-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 . Cautious point is buying at higer levels seems decreasing. The Silver is now trading in overbought level. The Silver is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Silver is 50363-47844-45233-43160-42887-42868-. Immediate resistance for Silver is 53965

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 51752 The Silver is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 53826.6 with a stop at 53243.2 Below 53120.4 go for sell with stop at 53703.3
Intraday Resistance of SILVER are 53719.1 : 53923.4 : 53820.4 : 53868.7
Intraday Support of SILVER are 53226.9 : 53022.6 : 53126.7 : 53078.8

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