Sell Silver Mar 2023 @ 66700 SL 67200 TGT 66000-65500. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 65182-67210
Silver steadied as investors digested the latest inflation report.
Earlier pressure on prices amid hotter-than-expected economic data dashed hopes for the termination of the Fed's tightening cycle.
U.S consumer prices accelerated in January, but the annual increase was the smallest since late 2021, pointing to a continued slowdown in inflation
COMEX inventories remained under pressure and LBMA stockpiles plunged amid outflows to India.
SELL SILVER Mar 2023 @ 66700 SL 67200 TGT 66000-65500. MCX
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