Wednesday 23 October 2013

SILVER TREND FOR TODAY- 24-Oct-2013

Silver is in long- short-medium- short- term bull phase .Currently Silver is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above50400 or buy with strict stop at 45767. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 48664-48324-48233-48040-46270-.Resistance for the Silver is 51194-

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 48820 The Silver is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 50157.5 with a stop at 49512.1 Below 49363.7 go for sell with a stop at 50008.5
Intraday Resistance of SILVER are 50057.3 : 50304.1 : 50095.2 : 50141.7
Intraday Support of SILVER are 49462.7 : 49215.9 : 49426 : 49379.7

 

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