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Monday, 19 November 2012

Silver Outlook for Today,MCX Silver Trend for - 20-Nov-2012

Silver trend for today- 20-Nov-2012
Silver is in perfect uptrend .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Silver is 60752-60671-60583-59902-59644-58906-. Immediate resistance for Silver is 61917

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 62231.1 with stop at 60335.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 62231.1 with a stop at 61219.4 Below 60964.9 go for sell and put stop at 61975.7
Intraday Resistance of SILVER are 61987.9/62312.4/61906.3/62030.8
Intraday Support of SILVER are 61206.1/60881.6/60915/60791.7


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