Friday, 31 May 2013

SILVER TREND FOR TODAY- 01-Jun-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 and fresh Buy can be considered in the Silver if it close above45268 or buy with strict stop at 40586. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 43358-43283-.Resistance for the Silver is 44253-45618-48546-50455-
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 44925.0 with stop at 42960.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 44424.9 with a stop at 43169.4 Below 42810 go for sell
Intraday Resistance of SILVER are 43976.1 : 44336.2 : 44934 : 43929.8 : 43973.4
Intraday Support of SILVER are 43255.9 : 42895.8 : 42298 : 43303.3 : 43260

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