Wednesday 9 January 2013

Silver trend for today- 10-Jan-2013


Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is on BUY Signal and Silver is recovering from oversold level .In last 1 month volatality is very less Buy the Silver above 59818 or buy with strict stop at 56578. The oscillator is on BUY Signal and Silver is recovering from oversold level For short term Silver is in HOLD SHORT position.Positionally Immediate support for Silver is 56578.Resistance for the Silver is 58234-58330-59322-60510-60811-61176-

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 57841 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 59047 with a stop at 57375.4 Below 56896.8 go for sell with stop at 58566.5
Intraday Resistance of SILVER are 58350.4/58666.2/58507.1/58628.1
Intraday Support of SILVER are 57589.6/57273.8/57543.6/57423.7

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