Silver is in
long- medium- term bull phase .Currently Silver is in strong downtrend and the
trend is supported with good volume The open interest is not increasing with
trend . Noting point is selling at lower levels seems decreasing. The
oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Support for the Silver is
48540-45827-45168-.Resistance for the Silver is 50714-51999-53234-
Short term and Intraday Level of
SILVER
Currently
Silver is in HOLD LONG position Silver is in sideways but
the trend looks weak so better buy above 52165.0 or hold with stop at 48488.0
The oscillator is showing BUY signal
Intraday Trend- Sell if open below 48501.9 with stop loss at 50112.9 or sell below 47796.5Buy is not advised till it cross 50821.2
Intraday Resistance of SILVER are 49985.2 : 50664.4 : 51791.9 : 49639.6 : 49686
Intraday Support of SILVER are 48626.8 : 47947.6 : 46820.1 : 48973.5 : 48927.5
Intraday Trend- Sell if open below 48501.9 with stop loss at 50112.9 or sell below 47796.5Buy is not advised till it cross 50821.2
Intraday Resistance of SILVER are 49985.2 : 50664.4 : 51791.9 : 49639.6 : 49686
Intraday Support of SILVER are 48626.8 : 47947.6 : 46820.1 : 48973.5 : 48927.5
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