Tuesday, 9 April 2013

Silver news

Trend updated for-Apr/09/2013.CMP-51224 Overall trend of the Silverm is bearish for medium-long term .Currently Silverm is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Silverm is in SELL position.Positionally Immediate support for Silverm is 50253.Resistance for the Silverm is 52319-53071-53750-54696-56123-56980-
Currently Silverm is in HOLD LONG position In short term Silverm is in strong up trend so hold with stop at 51084 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 51907.3 with a stop at 50832.3 Below 50543 go for sell with stop at 51616.9
Intraday Resistance of SILVERM are 51551/51822.4/51795.2/51909
Intraday Support of SILVERM are 50897/50625.6/50888.8/50776.1

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