Silver is in long- medium- short-medium- term bull phase .Currently
Silver is in strong uptrend but volume is unsatisfactory The open interest is
not increasing with trend .. The Silver is now trading in overbought level. The
Silver is now trading in overbought level. The oscillator is showing SELL
signal For short term Silver is in HOLD
SHORT position.Positionally Support for
the Silver is 50077-45530-44210-44073-.Resistance for the Silver is
53957-55054-
Short
term and Intraday Level of SILVER
Currently
Silver is in HOLD LONG position
Silver is in sideways but the trend looks weak so better buy above 57600.0 or
hold with stop at 51099.0 Yesterday the selling was with volume so risk takers
can go for shorting at current rate with stop at 57600.0 The oscillator is
showing BUY signal
Intraday Trend- Sell if open below 51758.6 with stop loss at 54528.5 or sell below 50482.4Buy is not advised till it cross 55809.8
Intraday Resistance of SILVER are 54419.7 : 55698.4 : 57821 : 53487.3 : 53535.5
Intraday Support of SILVER are 51862.3 : 50583.6 : 48461 : 52795.8 : 52748
Intraday Trend- Sell if open below 51758.6 with stop loss at 54528.5 or sell below 50482.4Buy is not advised till it cross 55809.8
Intraday Resistance of SILVER are 54419.7 : 55698.4 : 57821 : 53487.3 : 53535.5
Intraday Support of SILVER are 51862.3 : 50583.6 : 48461 : 52795.8 : 52748
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