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 . In last few days volume based
selling happened in the Silver. The oscillator is showing SELL signal For short
term Silver is in SELL position.Positionally
Immediate support for Silver is 42112.Resistance for the Silver is
44384-44506-44618-47650-49922-51980-
Short
term and Intraday Level of SILVER
Currently
Silver is in SELL position Silver is in down trend so buy above
43114.0 The sell will again come if below 42281.0 The Silver is now trading is
approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 43321.5 with a stop at 42241.3 Below 41938.9 go for sell
Intraday Resistance of SILVER are 42700.2 : 42759.2 : 42929.9 : 42973
Intraday Support of SILVER are 42557.8 : 42498.8 : 42310.6 : 42267.8
Intraday Trend- Buy is advised above 43321.5 with a stop at 42241.3 Below 41938.9 go for sell
Intraday Resistance of SILVER are 42700.2 : 42759.2 : 42929.9 : 42973
Intraday Support of SILVER are 42557.8 : 42498.8 : 42310.6 : 42267.8
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