Silver Outlook for Today,MCX Silver Trend for - 01-Feb-2013

Silver Outlook for Today,MCX Silver Trend for - 01-Feb-2013

SILVER TREND & INTRADAY LEVELS

Trend updated for-Feb/01/2013.CMP-57849 Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 57242.Resistance for the Silver is 58937-59042-59239-59687-60312-60362- 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 59139.0 or hold with stop at 57472.0 The Silver is now trading is approaching oversold level. The oscillator is on BUY Signal and Silver is recovering from oversold level Intraday Trend- Buy is advised above 58391.4 with a stop at 57520.8 Below 57308.3 go for sell Intraday Resistance of SILVER are 58292.3/58735.7/59471.6/58618.2/58739.3 Intraday Support of SILVER are 57405.7/56962.3/56226.4/57653.8/57533.8 To Get Free  Tips: FreeStock Tips Forex Tips Free Commodity Tips  Or Reach us- 8878998885, 0731-6461777.