Buy Silver DEC @ 230000 SL 227000 TGT 234000-236000. MCX - Kedia Advisory
Silver

BUY SILVER DEC @ 230000 SL 227000 TGT 234000-236000. MCX
Observations
Silver trading range for the day is 228255-235685.
Silver dropped weighed down by surging oil prices and bets on tighter Federal Reserve monetary policy.
Markets are currently pricing in around an 87% chance that the Fed will raise its policy rate by 25 basis points on Wednesday.
Data showed US consumer inflation steadied at 3.4% in August, the same as in July and in line with forecasts.
COMEX silver speculators raised net longs by 2,006 contracts to 14,176.
