Silver is in long- medium- term bull phase .Currently Silver is in
strong downtrend and the trend is supported with good volume The open interest
is not increasing with trend . In last few days volume based selling happened
in the Silver. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally
Support for the Silver is 47838-45365-44903-.Resistance for the Silver is
52579-53290-53406-
Short
term and Intraday Level of SILVER
Currently Silver is in SELL position The Silver is in downtrend For short term buy only if close
above 50510.0 The Silver is now trading in highly oversold level. The
oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 50942.3 with a stop at 49229 Below 48725.7 go for sell and put stop at 50437
Intraday Resistance of SILVER are 50492.9 : 51041.4 : 50167.4 : 50214
Intraday Support of SILVER are 49171.1 : 48622.6 : 49497.7 : 49451.5
Intraday Trend- Buy is advised only above 50942.3 with a stop at 49229 Below 48725.7 go for sell and put stop at 50437
Intraday Resistance of SILVER are 50492.9 : 51041.4 : 50167.4 : 50214
Intraday Support of SILVER are 49171.1 : 48622.6 : 49497.7 : 49451.5
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