Friday, 3 May 2013

SILVER TREND FOR TODAY- 04-May-2013


Silver is bearish for medium-long term .Currently Silver is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is on BUY Signal and Silver is recovering from oversold level For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 44204-43875-.Resistance for the Silver is 46486-50308-52155-53853-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is in down trend so buy above 45158.0 The sell will again come if below 43172.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 45762.7 with a stop at 44239.7 Below 43792.9 go for sell
Intraday Resistance of SILVER are 45223.7 : 45671.3 : 46414.5 : 45268.7 : 45375.1
Intraday Support of SILVER are 44328.3 : 43880.7 : 43137.5 : 44211.1 : 44106

To Get Free Tips:
9770670009, 0731-3299704

0 comments :

Post a Comment