Silver is in
long- medium- term bull phase .Currently Silver is in strong downtrend but
volume is unsatisfactory The open interest is not increasing with trend .
Noting point is selling at lower levels seems decreasing. The Silver is now
trading in oversold level. The Silver is now trading in oversold level. The
oscillator is showing BUY signal For short term Silver is in HOLD SHORT position.Positionally Support for
the Silver is 49392-49343-46442-45441-.Resistance for the Silver is
50277-52119-
Short term and Intraday Level of
SILVER
Currently
Silver is in HOLD LONG position Silver has crossed the 5
day high but the trend was not so strong so for short term better buy above
50921.8 with stop at 48191.0 The oscillator is showing BUY signal
Intraday Trend- Buy if open above 50350.6 with a stop at 49011.7 Strong Buy above 50921.8 Below 48442.7 go for sell or sell if open below49011.7
Intraday Resistance of SILVER are 50250.1 : 50820.2 : 51766.5 : 50014.9 : 50061.4
Intraday Support of SILVER are 49109.9 : 48539.8 : 47593.5 : 49346.2 : 49300
Intraday Trend- Buy if open above 50350.6 with a stop at 49011.7 Strong Buy above 50921.8 Below 48442.7 go for sell or sell if open below49011.7
Intraday Resistance of SILVER are 50250.1 : 50820.2 : 51766.5 : 50014.9 : 50061.4
Intraday Support of SILVER are 49109.9 : 48539.8 : 47593.5 : 49346.2 : 49300
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