Sunday 23 June 2013

SILVER TREND FOR TODAY- 24-Jun-2013


ilver is bearish for medium-long term .Currently Silver is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 40553.Resistance for the Silver is 43210-43418-43641-44082-45720-47934-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position The Silver is in downtrend For short term buy only if close above 42342.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 42174.7 with a stop at 41251.1 Below 40999.3 go for sell and put stop at 41921.9
Intraday Resistance of SILVER are 41646.2 : 41696.3 : 41892.5 : 41935
Intraday Support of SILVER are 41525.8 : 41475.7 : 41280.7 : 41238.4

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