Silver is bearish for medium-long term .Currently Silver is in strong
downtrend with good momentum and the trend is supported with good volume The
open interest is not increasing with trend .. The oscillator is on BUY Signal
and Silver is recovering from oversold level For short term Silver is in SELL position
and closed below 1 month low with volume signals down breakout.Positionally
Immediate support for Silver is 48804.Resistance for the Silver is
51449-52204-53153-54041-55664-56457-
Short
term and Intraday Level of SILVER
Silver
and closed below 1 week low with volume signals down breakoutCurrently Silver
is in HOLD
SHORT position
Silver is in sell mode sell below 48595.6 buy only above 52447.0 The oscillator
is showing SELL signal
Intraday Trend- Sell if open below 48595.6 with stop loss at 50267.3 or sell below 47860.1Buy is not advised till it cross 51005.8
Intraday Resistance of SILVER are 50165.1/50900.2/52120.4/50480.7/50593.1
Intraday Support of SILVER are 48694.9/47959.8/46739.6/49586/49474.7
Intraday Trend- Sell if open below 48595.6 with stop loss at 50267.3 or sell below 47860.1Buy is not advised till it cross 51005.8
Intraday Resistance of SILVER are 50165.1/50900.2/52120.4/50480.7/50593.1
Intraday Support of SILVER are 48694.9/47959.8/46739.6/49586/49474.7
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