SILVER TREND FOR TODAY- 28-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 Cautious point is buying at higer levels seems decreasing. The Silver is now trading in highly overbought level. The Silver is now trading in highly overbought level. The oscillator is showing BUY signal For short term The current position is BUY.Positionally Support for the Silver is 52178-49658-46399-43501-43369-43192-. Immediate resistance for Silver is 57876

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 53555 The Silver is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- is in intraday buy level better buy above 58529.6 or in low buy above 56054.9 Target is 59654.6 next 61522.1 Below 54934.4 trend reversal can occur so keep long stop at 54934.4
Intraday Resistance of SILVER are 58393.1 : 59496.2 : 61327.4 : 57649.6 : 57699.5
Intraday Support of SILVER are 56186.9 : 55083.8 : 53252.6 : 56931.5 : 56881.9

To Get Free Tips:

Bullion Tips |Commodity Tips |Mcx Tips

Precius Metals |Base Metals

9770670009, 0731-3299704