SILVER TREND FOR TODAY- 19-Sep-2013

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 .. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Support for the Silver is 48202-45580-45028-.Resistance for the Silver is 51521-52749-53298-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 50466.1 with stop at 48488.0 The Silver is now trading is approaching oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 50466.1 with a stop at 49084.5 Below 48691.1 go for sell and put stop at 50071.1
Intraday Resistance of SILVER are 49971.2 : 50365.4 : 51019.7 : 49911.6 : 49958
Intraday Support of SILVER are 49182.8 : 48788.6 : 48134.3 : 49243.6 : 49197.4

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