Tuesday, April 12, 2011

MCX SILVER TREND TODAY 12th April

The 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 . The oscillator is showing BUY signal For short term The current position is BUY.

SILVER SUPPORT AND RESISTANCE TODAY :-
Support for the Silver is 57524-56750-55333-52420-49513-48286.
Immediate resistance for Silver is 61712.

SILVER INTRADAY TREND :-
Buy is advised above 60478.2 with a stop at 59701.6 
Below 59523.3 go for sell with stop at 60299.1 

SILVER IMPORTANT LEVELS :-

PROBABLE HIGH  :- 62210.0
                                   :- 61099.0
PROBABLE LOW   :- 57768.0
                                   :- 58879.0          

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