Silver is bearish for medium-long term.Currently Silver is showing some
down move and trend is strong momentum is also showing strength and supported
with good volume The open interest is not increasing with trend .. The
oscillator is showing SELL signal For short term Silver is in SELL position
and closed below 1 month low with volume signals down breakout.Positionally
Immediate support for Silver is 41021.Resistance for the Silver is
43681-43746-43790-44134-46059-48174-
Short
term and Intraday Level of SILVER
Silver
and closed below 1 week low with volume signals down breakoutCurrently Silver
is in SELL position Silver is in sideways but the trend looks
weak so better buy above 44240.0 or hold with stop at 41186.0 The oscillator is
showing SELL signal
Intraday Trend- Sell if open below 40465.4 with stop loss at 42147.6 or sell below 39708.5Buy is not advised till it cross 42907.6
Intraday Resistance of SILVER are 42022.6 : 42740.3 : 43931.6 : 41610.4 : 41652.9
Intraday Support of SILVER are 40587.4 : 39869.7 : 38678.4 : 41000.7 : 40958.6
Intraday Trend- Sell if open below 40465.4 with stop loss at 42147.6 or sell below 39708.5Buy is not advised till it cross 42907.6
Intraday Resistance of SILVER are 42022.6 : 42740.3 : 43931.6 : 41610.4 : 41652.9
Intraday Support of SILVER are 40587.4 : 39869.7 : 38678.4 : 41000.7 : 40958.6
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