Tuesday 19 November 2013

SILVER TREND FOR TODAY- 20-Nov-2013

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 . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 44880.Resistance for the Silver is 47440-47842-48178-48544-48893-50316-

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 46428.0 The Silver is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 45862.2 with a stop at 45184.1 Below 45019.2 go for sell and put stop at 45696.5
Intraday Resistance of SILVER are 45770.6 : 46045.1 : 45760.3 : 45804.8
Intraday Support of SILVER are 45109.4 : 44834.9 : 45120.8 : 45076.6

 

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2 comments :

  1. SILVER (Silver) advise for SELL. According to SUMAN FINANCIAL SELL SILVER around Rs 45675 and target Rs 45170 to 44600. Keep cutting the loss in the transaction of Rs 45975.
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  2. Today’s most accurate tip for commodity
    SILVER (5 MAR.) TREND: CONSOLIDATE
    RES 1: 45900
    RES 2: 46300
    SUPP 1: 44950
    SUPP 2: 44500
    STRATEGY: BUY ON DIPS
    stock market tips for intraday free

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