Trend updated
for-Apr/05/2013.CMP-50955 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
53114-53652-54130-54988-56307-57242-
Currently Silver is in HOLD SHORT position
The Silver is in downtrend For short term buy only if close above
51790.0 The Silver is now trading is approaching oversold level. The
oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 52236.9 with a stop at 50265.4 Below 49677.8 go for sell and put stop at 51646.9
Intraday Resistance of SILVER are 51242/51480.1/51312.7/51426
Intraday Support of SILVER are 50668/50429.9/50410.6/50298.4
Intraday Trend- Buy is advised only above 52236.9 with a stop at 50265.4 Below 49677.8 go for sell and put stop at 51646.9
Intraday Resistance of SILVER are 51242/51480.1/51312.7/51426
Intraday Support of SILVER are 50668/50429.9/50410.6/50298.4
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