Tuesday, 7 May 2013

SILVER TREND FOR TODAY- 07-May-2013


Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing BUY signal .In last 3 weeks Silver is trading in low volatality and fresh Buy can be considered in the Silver if it close above46003 or buy with strict stop at 42169. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 44667-44103-.Resistance for the Silver is 45976-49921-51801-53595-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 44607 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 46163.3 with a stop at 44627 Below 44176.3 go for sell with stop at 45710.8
Intraday Resistance of SILVER are 45565.4 : 45895.2 : 45766.9 : 45874
Intraday Support of SILVER are 44770.6 : 44440.8 : 44703.5 : 44597.9

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