Monday, 17 February 2014

SILVER TREND FOR TODAY- 18-Feb-2014

Silver is in perfect uptrend .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Silver. The oscillator is showing BUY signal For short term The current position is BUY and closed above 1 month high with volume signals up breakout.Positionally Support for the Silver is 45780-44845-44841-44511-44491-44433-. Immediate resistance for Silver is 48123
Short term and Intraday Level of SILVER
Silver closed above 1 week high with volume signals up breakoutCurrently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 45556 The Silver is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 48569.5 with a stop at 47271.5 Below 46903.5 go for sell with a stop at 48200
Intraday Resistance of SILVER are 48223.4 : 48628.8 : 48063.3 : 48108.9
Intraday Support of SILVER are 47246.6 : 46841.2 : 47407.8 : 47362.6

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