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Tuesday, 20 November 2012

Silver Outlook for Today,MCX Silver Trend for - 21-Nov-2012

Silver trend for today- 21-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 60837-60815-60547-60160-59721-58993-. Immediate resistance for Silver is 62219

Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 61058 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 62169.5 with a stop at 61158.7 Below 60904.5 go for sell with a stop at 61914.3
Intraday Resistance of SILVER are 61834.9/62083/62141.6/62266.3
Intraday Support of SILVER are 61237.1/60989/61148.4/61024.9


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