Tuesday 18 February 2014

SILVER TREND FOR TODAY- 19-Feb-2014

Silver is in perfect uptrend .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Silver. The oscillator is showing BUY signal For short term The current position is BUY and closed above 1 month high with volume signals up breakout.Positionally Support for the Silver is 45768-45286-44842-44689-44633-44568-. Immediate resistance for Silver is 48282
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 46327 The Silver is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 48767.8 with a stop at 47603.9 Below 47280.7 go for sell with a stop at 48443.4
Intraday Resistance of SILVER are 48670.5 : 49207.9 : 48352.3 : 48398
Intraday Support of SILVER are 47375.5 : 46838.1 : 47694.9 : 47649.4
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