Silver is in
long- term bull phase .Currently Silver is in strong 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 SHORT position.Positionally Support for
the Silver is 47864-46076-.Resistance for the Silver is
48402-48572-49098-51273-
Short term and Intraday Level of
SILVER
Currently
Silver is in HOLD LONG position Silver has crossed the high
but the trend was not strong and sellers was at high so for short term better
buy above 49471.4 with stop at 45951.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 49471.4 with a stop at 47511 Below 46923.3 go for sell and put stop at 48881.4
Intraday Resistance of SILVER are 48781.4 : 49268.1 : 48524.9 : 48570.7
Intraday Support of SILVER are 47608.6 : 47121.9 : 47866.3 : 47820.8
Intraday Trend- Buy is advised only above 49471.4 with a stop at 47511 Below 46923.3 go for sell and put stop at 48881.4
Intraday Resistance of SILVER are 48781.4 : 49268.1 : 48524.9 : 48570.7
Intraday Support of SILVER are 47608.6 : 47121.9 : 47866.3 : 47820.8
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Today’s trends for commodity
ReplyDeleteSILVER (5 MAR.) TREND: CONSOLIDATE
RES 1: 44250
RES 2: 44600
SUPP 1: 43550
SUPP 2: 43100
STRATEGY: SELL ON HIGH
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