Monday, 10 June 2013

SILVER TREND FOR TODAY- 11-Jun-2013

Silver is bearish for medium-long term .Currently Silver is in downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 43688-43575-43539-.Resistance for the Silver is 44394-47385-49299-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 45128.4 with stop at 42682.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 45128.4 with a stop at 43636.4 Below 43199.1 go for sell and put stop at 44689.4
Intraday Resistance of SILVER are 44600.2 : 45038.4 : 45765.7 : 44477.8 : 44521.7
Intraday Support of SILVER are 43723.8 : 43285.6 : 42558.3 : 43847.3 : 43803.8

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