Sunday 12 May 2013

SILVER TREND FOR TODAY- 13-May-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 46003 or buy with strict stop at 42723. The oscillator is showing BUY signal For short term Silver is inHOLD SHORT position.Positionally Support for the Silver is 44736-44681-44376-.Resistance for the Silver is 48943-50939-52931-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver is in profit booking mode so hold with stop at 44744 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 45545.1 with a stop at 45108.5 Below 45023.5 go for sell and put stop at 45459.9
Intraday Resistance of SILVER are 45369.4 : 45440.2 : 45610.5 : 45654.9
Intraday Support of SILVER are 45198.6 : 45127.8 : 44972 : 44927.9

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