Thursday 23 January 2014

SILVER TREND FOR TODAY- 24-Jan-2014

Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above45923 or buy with strict stop at 43426. The oscillator is showing SELL signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 44631-44585-44488-44399-.Resistance for the Silver is 46138-47163-
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 44898.0 The Silver is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 45595.2 with a stop at 44523.7 Below 44227.2 go for sell and put stop at 45297.5
Intraday Resistance of SILVER are 45504.2 : 45997.3 : 45228.4 : 45272.7
Intraday Support of SILVER are 44315.8 : 43822.7 : 44592.7 : 44548.8

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