SILVER TREND FOR TODAY- 25-March-2013

Silver is bearish for medium-long term .Currently Silver is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. 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 54554-54632-54754-55997-56935-58104-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position Silver is in sideways and sellers was at high so for short term better buy above 54600.5 or hold with stop at 53972.0 The next resistance will be at 55100.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 54600.5 with a stop at 53884.8 Below 53718.8 go for sell and put stop at 54433.9
Intraday Resistance of SILVER are 54182/54201/54504.6/54621.4/54738.3
Intraday Support of SILVER are 54136/54117/53806.5/53690.6/53574.8

To Get Free Tips:

Bullion Tips

Commodity Tips

Mcx Tips

9770670009, 0731-3299704