Tuesday 25 February 2014

SILVER TREND FOR TODAY- 26-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 . Cautious point is buying at higer levels seems decreasing. The Silver is now trading in overbought level. The Silver is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Silver is 46879-46030-45710-45214-44823-44799-. Immediate resistance for Silver is 48536
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy only above 48343.0 with stop at 47151.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 48568.3 with a stop at 47394.9 Below 47068.4 go for sell
Intraday Resistance of SILVER are 48156.3 : 48437.9 : 48145.6 : 48191.2
Intraday Support of SILVER are 47477.7 : 47196.1 : 47489.6 : 47444.2
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2 comments :

  1. Silver trading range for the day is 46241-48463.

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