SILVER TREND FOR TODAY- 15-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 Support for the Silver is 43593-43511-43378-.Resistance for the Silver is 44139-46806-48762-

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 43122 Very Short term investor please cautious on Silver as it is moving with low volatality The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 44699.8 with a stop at 43289.9 Below 42879.4 go for sell with a stop at 44287.7
Intraday Resistance of SILVER are 44199.3 : 44610.6 : 45293.4 : 44102.4 : 44146.1
Intraday Support of SILVER are 43376.7 : 42965.4 : 42282.6 : 43474.7 : 43431.3

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