Silver trend for today- 30-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 SELL signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 62506-61920-61378-60868-60591-59765-. Immediate resistance for Silver is 64399
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 64142.0 with stop at 61951.0 The oscillator is showing SELL signalIntraday Trend- Buy is advised only above 63678.8 with a stop at 62676.5 Below 62427.2 go for sell and put stop at 63428.5
Intraday Resistance of SILVER are 63569.4/63998.8/63340.7/63466.6
Intraday Support of SILVER are 62534.6/62105.2/62338/62213.2
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