Trend updated
for-Apr/01/2013.CMP-53072 Overall trend of the Silver is bearish for
medium-long term .Currently Silver is in strong downtrend with good
momentum 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 51219.Resistance for the Silver is
54354-54425-54541-55536-56671-57647-
Currently Silver is in SELL position The
Silver is in downtrend For short term buy only if close above 53933.0
The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 53792.7 with a stop at 52353.8 Below 51741.7 go for sell
Intraday Resistance of SILVER are 53685.3/54298.6/55316.7/53159.1/53274
Intraday Support of SILVER
are 52458.7/51845.4/50827.3/52240.9/52126.7
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