Silver is bearish for medium-long term .Currently Silver is in strong
downtrend and the trend is 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.Positionally
Immediate support for Silver is 38382.Resistance for the Silver is
41436-42215-42912-43584-44821-47241-
Short
term and Intraday Level of SILVER
Currently
Silver is in HOLD
SHORT position
The Silver is in downtrend .Last day Silver was in bull trend So short term
buyers buy if close above 40367.0 The Silver is now trading is approaching
oversold level. The oscillator is on BUY Signal and Silver is recovering from
oversold level
Intraday Trend- Buy the Silver above 41163.1 with a stop at 39142.7 Target is 41784.3 next 42815.4 Below 39142.7 trend reversal can occur so keep long stop at 39142.7
Intraday Resistance of SILVER are 41080.9 : 41700.9 : 42729.9 : 40763.3 : 40805.3
Intraday Support of SILVER are 39841.1 : 39221.1 : 38192.1 : 40159.8 : 40118.2
Intraday Trend- Buy the Silver above 41163.1 with a stop at 39142.7 Target is 41784.3 next 42815.4 Below 39142.7 trend reversal can occur so keep long stop at 39142.7
Intraday Resistance of SILVER are 41080.9 : 41700.9 : 42729.9 : 40763.3 : 40805.3
Intraday Support of SILVER are 39841.1 : 39221.1 : 38192.1 : 40159.8 : 40118.2
To Get Free Tips:
9770670009, 0731-3299704
0 comments :
Post a Comment