Friday 22 March 2013

SILVER TREND FOR TODAY- 23-March-2013


Silver is bearish for medium-long term .Currently Silver is in uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 53676.Resistance for the Silver is 54519-54710-54808-56112-56983-58196-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy only above 55100.0 or hold with stop at 53972.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 54566.2 with a stop at 53850.9 Below 53685.1 go for sell
Intraday Resistance of SILVER are 54403.7/54682.3/55144.9/54829.3/54946.5
Intraday Support of SILVER are 53846.3/53567.7/53105.1/53896.7/53780.7

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