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 oscillator is showing SELL signal For short term Silver is in HOLD SHORT position.
SILVER SUPPORT AND RESISTANCE :-
Immediate support for Silver is 49340.
Resistance for the Silver is 51761-52536-53359-54324-56774-57526
SILVER INTRADAY TREND TODAY :- (Get FREE on mobile)
Buy is advised above 51164.5 with a stop at 49747.1 Below 49342.7 go for sell
SILVER INTRADAY TIPS TODAY :-
Silver: Sell -50 500, stoploss-50 750, target -49 900
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