Silver news

Trend updated for-Apr/06/2013.CMP-51479 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 50221.Resistance for the Silver is 52845-53461-53990-54851-56220-57133-

Currently Silver is in SELL position Silver is showing some Up momentum So buy above 51367.0 with stop at 50423.0 The Silver is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 52156.1 with a stop at 51090.1 Below 50804.2 go for sell and put stop at 51869
Intraday Resistance of SILVER are 51930.6/52305.5/51727.2/51841
Intraday Support of SILVER are 51027.4/50652.5/50821.5/50708.8