Trend updated
for-Apr/03/2013.CMP-51473 Overall trend of the 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. The oscillator is showing SELL signal For
short term Silver is in SELL position.Positionally Immediate
support for Silver is 51049.Resistance for the Silver is
53868-54101-54405-55292-56502-57457-
Currently Silver is in HOLD SHORT position
The Silver is in downtrend For short term buy only if close above
53233.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 52451.9 with a stop at 50933.8 Below 50497.6 go for sell
Intraday Resistance of SILVER are 51910.1/52347.2/53072.8/52314.4/52428.9
Intraday Support of SILVER are 51035.9/50598.8/49873.2/51403.6/51290.3
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