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Wednesday, 21 November 2012

Silver Outlook for Today,MCX Silver Trend for - 22-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 .. The Silver is now trading in overbought level. The Silver is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY.Positionally Support for the Silver is 60962-60882-60522-60455-59835-59079-. Immediate resistance for Silver is 62409

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 61299 The Silver is now trading is approaching overbought level. The Silver is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 62572 with a stop at 61723.3 Below 61523.6 go for sell with a stop at 62371.5
Intraday Resistance of SILVER are 62405.3/62702.7/62404.3/62529.3
Intraday Support of SILVER are 61688.7/61391.3/61409/61285.2




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