Monday 18 March 2013

SILVER TREND FOR TODAY- 19-March-2013


Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Silver above 55722 or buy with strict stop at 52411. The oscillator is showing BUY signal For short term Silver is inHOLD SHORT position.Positionally Immediate support for Silver is 52411.Resistance for the Silver is 54559-54666-54783-56506-57186-58507-

Short term and Intraday Level of SILVER

Currently Silver is in SELL position The Silver is in downtrend For short term buy only if close above 54429.0 The Silver is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 54769.5 with a stop at 54043.1 Below 53873.9 go for sell and put stop at 54599.6
Intraday Resistance of SILVER are 54594.5/54821.4/54778.1/54895.2
Intraday Support of SILVER are 54047.5/53820.6/53845.9/53729.9

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