Silver trend for today- 27-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 . In last few days lot of positive accumulation happened in the Silver 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 LONGposition and closed above 1 month high with volume signals up breakout.Positionally Support for the Silver is 61818-61456-61174-60567-60428-59469-. Immediate resistance for Silver is 64399
Intraday Trend- Buy is advised above 64367.6 with a stop at 63354.5 Below 63102.4 go for sell with a stop at 64114.5
Intraday Resistance of SILVER are 64239.1/64658.4/64206.1/64332.9
Intraday Support of SILVER are 63228.9/62809.6/63196.6/63070.9.
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 . In last few days lot of positive accumulation happened in the Silver 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 LONGposition and closed above 1 month high with volume signals up breakout.Positionally Support for the Silver is 61818-61456-61174-60567-60428-59469-. Immediate resistance for Silver is 64399
Short term and Intraday Level of SILVER
Silver closed above 1 week high with volume signals up breakoutCurrently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 62816 The Silver is now trading in highly overbought level. The Silver is now trading in highly overbought level. The oscillator is showing SELL signalIntraday Trend- Buy is advised above 64367.6 with a stop at 63354.5 Below 63102.4 go for sell with a stop at 64114.5
Intraday Resistance of SILVER are 64239.1/64658.4/64206.1/64332.9
Intraday Support of SILVER are 63228.9/62809.6/63196.6/63070.9.
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