SILVER TREND FOR TODAY- 16-Nov-2013

Silver is bearish for medium-long term .Currently Silver is in strong uptrend 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 44111-44101-.Resistance for the Silver is 45232-47066-48331-48753-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position Silver is in profit booking mode so hold with stop at 44557 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 45344.7 with a stop at 44447.8 Below 44209.2 go for sell and put stop at 45105.2
Intraday Resistance of SILVER are 45254.2 : 45651.2 : 45094 : 45138.1
Intraday Support of SILVER are 44297.8 : 43900.8 : 44459.2 : 44415.3

 

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