Thursday 21 November 2013

SILVER TREND FOR TODAY- 22-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 . In last few days volume based selling happened in the Silver Noting point is selling at lower levels seems decreasing. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing SELL signal For short term Silver is in SELLposition.Positionally Immediate support for Silver is 44373.Resistance for the Silver is 46742-47375-48260-48295-48697-50280-

Short term and Intraday Level of #SILVER

Currently Silver is in SELL position The Silver is in downtrend For short term buy only if close above 45615.0 The Silver is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 45662.7 with a stop at 44829.9 Below 44613 go for sell and put stop at 45445
Intraday Resistance of SILVER are 45571.6 : 45932.3 : 45456.2 : 45500.6
Intraday Support of SILVER are 44702.4 : 44341.7 : 44818.9 : 44774.9

 

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