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Buy Silver Dec @ 92800 SL 92100 TGT 93600-94200. MCX -Kedia Advisory
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SILVER
Observation
Silver trading range for the day is 89830-97150.
Silver rose as persisting worries about Middle East tensions kept supporting prices.
Stronger-than-expected US jobs report that reduced the likelihood of a large interest-rate cut by the Fed next month.
Traders scaled back their expectations of a 50-basis-point rate cut in November to 11% from 28% before the payrolls data.
Nonfarm payrolls rose by 254,000 in September, surpassing expectations, while the previous two months saw an upward revision of 72,000 jobs.
BUY SILVER DEC @ 92800 SL 92100 TGT 93600-94200. MCX
