Friday 6 September 2013

SILVER TREND FOR TODAY- 06-Sep-2013

00:23   , , ,   5 comments

Silver is in long- medium- short-medium- short- 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 on SELL signal and Silver is coming down from overbought level For short term Silver is in HOLD SHORT position.Positionally Support for the Silver is 53758-50601-45815-44366-44168-.Resistance for the Silver is 55177-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy only above 57600.0 with stop at 51099.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 57441.8 with a stop at 53272.2 Below 51958.7 go for sell
Intraday Resistance of SILVER are 55139.4 : 55583.9 : 56321.7 : 55046.4 : 55095.2
Intraday Support of SILVER are 54250.6 : 53806.1 : 53068.3 : 54344.8 : 54296.3

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