Wednesday, 19 February 2014

SILVER TREND FOR TODAY- 20-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 .Positionally Support for the Silver is 45767-45624-44914-44837-44753-44615-. Immediate resistance for Silver is 48282
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 47121 The Silver is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 48528.2 with a stop at 47369.9 Below 47048.4 go for sell with stop at 48205.4
Intraday Resistance of SILVER are 48140.3 : 48433.5 : 48115.5 : 48161.1
Intraday Support of SILVER are 47433.7 : 47140.5 : 47459.7 : 47414.4

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