Thursday, 9 January 2014

SILVER TREND FOR TODAY- 09-Jan-2014

Silver is bearish for medium-long term .Currently Silver is in strong uptrend 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 LONGposition.Positionally Immediate support for Silver is 42265.Resistance for the Silver is 44682-44760-44822-45610-46753-48289-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is moving sideways so short term investor better to buy only above 45740.0 or hold with stop at 43600.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 44466.9 with a stop at 43527.2 Below 43273.2 go for sell
Intraday Resistance of SILVER are 44357.8 : 44763.5 : 44183.7 : 44227.5
Intraday Support of SILVER are 43380.2 : 42974.5 : 43555.4 : 43512

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