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 .
Cautious point is buying at higer levels seems decreasing. The oscillator is
showing BUY signal For short term The current position isBUY .Positionally Support for the Silver
is 46238-45748-45472-44963-44808-44709-. Immediate resistance for Silver is
48282
Short term and Intraday Level of
SILVER
Currently
Silver is in HOLD LONG position Silver
is moving sideways so short term investor better to buy if close above 48090.0
closing below 46932.0 Sell will happen. The Silver is now trading is
approaching overbought level. The oscillator is on SELL signal and Silver is
coming down from overbought level
Intraday Trend- Buy is advised only above 47800.1 with a stop at 47253.5 Below 47134.8 go for sell and put stop at 47681
Intraday Resistance of SILVER are 47704.7 : 47902 : 47794.4 : 47839.8
Intraday Support of SILVER are 47229.3 : 47032 : 47140.8 : 47095.6
Intraday Trend- Buy is advised only above 47800.1 with a stop at 47253.5 Below 47134.8 go for sell and put stop at 47681
Intraday Resistance of SILVER are 47704.7 : 47902 : 47794.4 : 47839.8
Intraday Support of SILVER are 47229.3 : 47032 : 47140.8 : 47095.6
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