Silver
is bearish for medium-long term .Currently Silver is in strong downtrend but
volume is unsatisfactory The open interest is not increasing with trend . In
last few days volume based selling happened in the Silver. The Silver is now
trading in oversold level. The Silver is now trading in oversold level. The
oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate
support for Silver is 52865.Resistance for the Silver is
56290-57019-57705-58214-59422-59718-
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 54894 with stop at 53077.0 The Silver is now trading in highly
oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 54894 with a stop at 53668.2 Below 53332.7 go for sell and put stop at 54557.1
Intraday Resistance of SILVER are 54448.2/54784.4/55342.5/54289.3/54405.9
Intraday Support of SILVER are 53775.8/53439.6/52881.5/53361.3/53245.9
Intraday Trend- Buy is advised only above 54894 with a stop at 53668.2 Below 53332.7 go for sell and put stop at 54557.1
Intraday Resistance of SILVER are 54448.2/54784.4/55342.5/54289.3/54405.9
Intraday Support of SILVER are 53775.8/53439.6/52881.5/53361.3/53245.9
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