Tuesday 23 July 2013

SILVER TREND FOR TODAY- 24-July-2013

Silver is bearish for medium-long term .Currently Silver is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 40853-40696-40400-.Resistance for the Silver is 42130-42905-44339-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 40824 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 43068 with a stop at 41207.4 Below 40644.5 go for sell with stop at 42502.9
Intraday Resistance of SILVER are 42134.2 : 42366.8 : 42161.4 : 42204.2
Intraday Support of SILVER are 41573.8 : 41341.2 : 41547.7 : 41505.3

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