Thursday 11 April 2013

SILVER TREND FOR TODAY- 12-April-2013


Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Silver above 54557 or buy with strict stop at 50221. The oscillator is showing BUY signal For short term Silver is inSELL position.Positionally Support for the Silver is 51367-.Resistance for the Silver is 52524-53367-54205-55781-56578-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 52486.8 with stop at 51070.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 52486.8 with a stop at 51217.3 Below 50864 go for sell and put stop at 52132.1
Intraday Resistance of SILVER are 52045.1/52353/52047.6/52161.7
Intraday Support of SILVER are 51302.9/50995/51139.1/51026

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