Silver is bearish for medium-long term .Currently Silver is showing some
up move after small correction and trend is strong and supported with good
volume The open interest is not increasing with trend . Caution note buying at
higer levels seems decreasing. The oscillator is showing BUY signal For short
term Silver is in HOLD LONG position.Positionally
Support for the Silver is 43844-43505-43289-.Resistance for the Silver is
45342-48271-50165-
Short
term and Intraday Level of SILVER
Currently
Silver is in HOLD LONG position Silver is moving sideways so short term
investor better to buy if close above 44925.0 closing below 43126.0 Sell will
happen. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 45163.6 with a stop at 43996.1 Below 43667.1 go for sell and put stop at 44833.2
Intraday Resistance of SILVER are 45009.4 : 45503.6 : 44730.7 : 44774.7
Intraday Support of SILVER are 43818.6 : 43324.4 : 44098.4 : 44054.8
Intraday Trend- Buy is advised only above 45163.6 with a stop at 43996.1 Below 43667.1 go for sell and put stop at 44833.2
Intraday Resistance of SILVER are 45009.4 : 45503.6 : 44730.7 : 44774.7
Intraday Support of SILVER are 43818.6 : 43324.4 : 44098.4 : 44054.8
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