Silver Outlook for Today, MCX Silver Trend for - 01-Mar-2013
SILVER TREND & INTRADAY LEVELS
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Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 52865.Resistance for the Silver is 54400-55260-56533-57736-58682-59366-
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 54739.0 or hold with stop at 53145.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 54104.3 with a stop at 52796.5 Below 52432.6 go for sell
Intraday Resistance of SILVER are 53555.6/53844.3/54323.4/54000.8/54117
Intraday Support of SILVER are 52978.4/52689.7/52210.6/53075.2/52960.1 |
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