Sunday 10 March 2013

SILVER TREND FOR TODAY- 11-March-2013


Silver is bearish for medium-long term .Currently Silver is showing some up move after small correction and trend is strong but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Silver is in HOLD LONGposition.Positionally Support for the Silver is 54031-53926-.Resistance for the Silver is 55298-57134-57863-58972-

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 55500.0 with stop at 53892.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 55514.7 with a stop at 54471.4 Below 54197.5 go for sell and put stop at 55239.7
Intraday Resistance of SILVER are 54905.3/54947.1/55305/55422.7
Intraday Support of SILVER are 54804.7/54762.9/54485/54368.3/54251.8
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