Thursday, 6 June 2013

SILVER TREND FOR TODAY- 06-Jun-2013

Silver is bearish for medium-long term .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 43751-43625-43416-.Resistance for the Silver is 45039-47981-49877-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 44775.2 with stop at 43350.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 44775.2 with a stop at 43911.1 Below 43682.6 go for sell and put stop at 44545.8
Intraday Resistance of SILVER are 44681.9 : 45058.6 : 44544 : 44587.9
Intraday Support of SILVER are 43774.1 : 43397.4 : 43913.1 : 43869.5

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