Thursday, 30 May 2013

SILVER TREND FOR TODAY- 30-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 43441-43100-.Resistance for the Silver is 44271-45942-48808-50739-
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 43165 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 44332.5 with a stop at 43351.6 Below 43083.6 go for sell with a stop at 44063.5
Intraday Resistance of SILVER are 44074.2 : 44378.9 : 44021.2 : 44064.8
Intraday Support of SILVER are 43339.8 : 43035.1 : 43394 : 43350.7

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