SILVER Support and Resistance levels

 

• Silver Weekly chart shows previous support acting as resistance
• Silver daily chart has 200 SMA as resistance. Price unable to stay above 200 SMA.
• Crucial support for Silver bulls is the daily cloud. Bulls must sustain above the cloud to avoid bigger falls.

Triangles of RELIANCE INFRA

 

 

• Strength above 499
• Further weakness below 465 and 458.
• Closing outside the smaller triangle in daily chart may also give the next direction.
• Stock is moving in a bigger weekly triangle. within this Triangle price may move up towards the falling resistance line.