Tuesday 12 March 2013

SILVER TREND FOR TODAY- 13-March-2013


Silver is bearish for medium-long term .Currently Silver is in strong uptrend 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 LONG position.Positionally Support for the Silver is 54603-54278-54068-.Resistance for the Silver is 56988-57649-58849-

Short term and Intraday Level of SILVER

Currently Silver is in BUY position Silver is moving sideways so short term investor better to buy if close above 55236.0 closing below 53892.0 Sell will happen. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 55803.1 with a stop at 54459.5 Below 54085.9 go for sell and put stop at 55428
Intraday Resistance of SILVER are 55282.4/55564.1/55377.6/55495.4
Intraday Support of SILVER are 54603.6/54321.9/54440.4/54323.8

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1 comments :

  1. Great article ...Thanks for your great information, the contents are quiet interesting. I will be waiting for your next post. Forex tips

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