SILVER TREND FOR TODAY- 14-Jun-2013

Silver is bearish for medium-long term .Currently Silver is in strong downtrend with good momentum 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 SHORT position.Positionally Immediate support for Silver is 42511.Resistance for the Silver is 43707-43908-43923-44147-46945-48886-

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 only above 44445.0 with stop at 42682.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 43792.4 with a stop at 42914 Below 42679.5 go for sell
Intraday Resistance of SILVER are 43705 : 44095.1 : 43547.5 : 43590.9
Intraday Support of SILVER are 42765 : 42374.9 : 42923.7 : 42880.6

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