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Friday, 8 February 2013

Silver Outlook for Today, MCX Silver Trend for - 08-Feb-2013






                          SILVER TREND & INTRADAY LEVELS


Overall trend of the Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Silver above 60214 or buy with strict stop at 57242. The oscillator is showing SELL signal For short term Silver is inSELL position.Positionally Immediate support for Silver is 57242.Resistance for the Silver is 58502-58821-58959-59241-60157-60233-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy only above 58790.0 or hold with stop at 57762.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 58561.1 with a stop at 57723.7 Below 57522.5 go for sell
Intraday Resistance of SILVER are 58525.8/58928.3/58632.6/58753.8
Intraday Support of SILVER are 57556.2/57153.7/57668/57548.




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