Wednesday, 29 January 2014

SILVER TREND FOR TODAY- 30-Jan-2014

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 SELL signal For short term Silver is in HOLD LONG position.Positionally Immediate support for Silver is 43505.Resistance for the Silver is 44725-44864-44870-44893-45998-46808-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 45175.9 with stop at 43844.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 45175.9 with a stop at 43976.5 Below 43636.8 go for sell and put stop at 44834.9
Intraday Resistance of SILVER are 44745.4 : 45085.7 : 45650.7 : 44721.6 : 44765.6
Intraday Support of SILVER are 44064.6 : 43724.3 : 43159.3 : 44089.5 : 44045.8

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