Thursday, 6 June 2013

SILVER TREND FOR TODAY- 07-Jun-2013

Silver is bearish for medium-long term .Currently Silver is in strong uptrend with good momentum 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 The current position is BUY.Positionally Support for the Silver is 43737-43727-43541-.Resistance for the Silver is 44905-47843-49740-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position In short term Silver is in strong up trend so hold with stop at 43685 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 45130.2 with a stop at 44153.5 Below 43887.9 go for sell with a stop at 44863.6
Intraday Resistance of SILVER are 45040.1 : 45481.8 : 44825 : 44869.1
Intraday Support of SILVER are 43975.9 : 43534.2 : 44192.1 : 44148.4

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