Monday 20 May 2013

SILVER TREND FOR TODAY- 21-May-2013

23:10   , , , , , ,   2 comments


Silver is bearish for medium-long term .Currently Silver is in strong downtrend 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 40586.Resistance for the Silver is 44219-44499-44531-47413-49781-51817-
Short term and Intraday Level of SILVER
Currently Silver is in SELL position The Silver is in downtrend For short term buy only if close above 43418.0 The Silver is now trading is approaching oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy if open above 44379.9 with a stop at 42150.2 Strong buy above 45410.3 Below 41123.9 go for sell or sell if open below42150.2
Intraday Resistance of SILVER are 44291.3 : 45319.7 : 47026.7 : 43079.4 : 43122.6
Intraday Support of SILVER are 42234.7 : 41206.3 : 39499.3 : 42459 : 42416.2

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2 comments :

  1. Commoditiy Tips1 July 2013 at 23:36

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  2. gurleen5 July 2013 at 22:37

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    Gurleen Singh

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