Silver is
bearish for medium-long term .Currently Silver is in strong downtrend and the
trend is supported with good volume The open interest is not increasing with
trend . Noting point is selling at lower levels seems decreasing. The
oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Immediate
support for Silver is 42265.Resistance for the Silver is
44719-44740-44834-45733-46825-48386-
Short term and Intraday Level of
SILVER
Currently
Silver is in HOLD LONG position In short term Silver is in
strong up trend so hold with stop at 44816 The Silver is now trading in highly
overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 45288.5 with a stop at 44101.6 Below 43766.2 go for sell with stop at 44951.8
Intraday Resistance of SILVER are 44862 : 45198.1 : 45755.9 : 44843.1 : 44887.1
Intraday Support of SILVER are 44190 : 43853.9 : 43296.1 : 44210 : 44166.3
Intraday Trend- Buy is advised above 45288.5 with a stop at 44101.6 Below 43766.2 go for sell with stop at 44951.8
Intraday Resistance of SILVER are 44862 : 45198.1 : 45755.9 : 44843.1 : 44887.1
Intraday Support of SILVER are 44190 : 43853.9 : 43296.1 : 44210 : 44166.3
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