Friday, 11 October 2013

SILVER TREND FOR TODAY- 12-Oct-2013

Silver is in long- term bull phase .Currently Silver is in downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 45873-.Resistance for the Silver is 47822-48928-49061-49916-50984-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below45940.8 Buy if above 50123.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 47844.6 with a stop at 46369 Below 45940.8 go for sell
Intraday Resistance of SILVER are 47255.9 : 47620.7 : 48226.4 : 47216.4 : 47261.6
Intraday Support of SILVER are 46526.1 : 46161.3 : 45555.6 : 46566.7 : 46521.9

To Get Free Tips:

0 comments :

Post a Comment