Tuesday 28 May 2013

SILVER TREND FOR TODAY- 29-May-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 above45553 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 43055-.Resistance for the Silver is 43880-44334-46131-48936-50894-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is moving sideways with low volatality so short term investor better to buy if close above 44600.0 close below 42733.0 Sell will happen. The oscillator is showing SELL signal
Intraday Trend-Intraday better to buy above 44323.3 and Sell if below42204.6
Intraday Resistance of SILVER are 43793.6 : 44234.8 : 43574.6 : 43618
Intraday Support of SILVER are 42730.4 : 42289.2 : 42950.6 : 42907.5

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