Trend updated
for-Apr/04/2013.CMP-50722 Overall trend of the Silver is bearish for
medium-long term .Currently Silver is in strong downtrend but volume
is unsatisfactory 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 and closed below 1 month low with volume signals down
breakout.Positionally Immediate support for Silver is
50221.Resistance for the Silver is
53432-53869-54281-55138-56396-57357-
Silver and closed below 1 week low with volume
signals down breakoutCurrently Silver is in HOLD SHORT position
The Silver is in downtrend For short term buy only if close above
52516.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 51998.1
with a stop at 50035.6 Below 49450.6 go for sell
Intraday Resistance of SILVER are 51004.3/51286.5/51755.1/51317.1/51430.4
Intraday Support of SILVER are 50439.7/50157.5/49688.9/50414.9/50302.7
Intraday Resistance of SILVER are 51004.3/51286.5/51755.1/51317.1/51430.4
Intraday Support of SILVER are 50439.7/50157.5/49688.9/50414.9/50302.7
No comments:
Post a Comment