Silver trend for today- 23-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 Silver is now trading in overbought level. The Silver is now trading in overbought level. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 61086-60944-60693-60517-59961-59168-. Immediate resistance for Silver is 62515
Intraday Trend- Buy is advised above 62400.4 with a stop at 61971.9 Below 61912 go for sell with a stop at 62340.4
Intraday Resistance of SILVER are 62266/62357.3/62662/62787.2
Intraday Support of SILVER are 62046/61954.7/61664.7/61540.6
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 Silver is now trading in overbought level. The Silver is now trading in overbought level. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 61086-60944-60693-60517-59961-59168-. Immediate resistance for Silver is 62515
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 61667 The Silver is now trading in highly overbought level. The Silver is now trading in highly overbought level. The oscillator is showing BUY signalIntraday Trend- Buy is advised above 62400.4 with a stop at 61971.9 Below 61912 go for sell with a stop at 62340.4
Intraday Resistance of SILVER are 62266/62357.3/62662/62787.2
Intraday Support of SILVER are 62046/61954.7/61664.7/61540.6
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