2024-06-11 10:19:28 am | Source: Kedia Advisory
Buy Silver Jul @ 89600 SL 88800 TGT 90400-91200. MCX - Kedia Advisory
Silver
Observations
Silver trading range for the day is 88420-90980.
Silver rose on short covering after prices dropped amid a stronger-than-expected U.S. jobs report
Market focus has shifted to the U.S. consumer inflation report, due on Wednesday, the same day as the Fed's policy decision.
Bets of the Fed cutting rates in September fell to 50% from around 70% before the jobs data.
Focus will be on comments from Fed Chair Jerome Powell and changes to economic projections from policymakers.
BUY SILVER JUL @ 89600 SL 88800 TGT 90400-91200. MCX
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
India`s eSankhyiki?data platform cruises to 134 mn r...
HUL`s profit up 19 pc in Q3, acquires 90.5 pc stake ...
Daily Market Commentary : Nifty IT gained traction o...
Daily Market Analysis : The Markets Rebound After Vo...
Post-Market Comment by Mandar Bhojane, Research Anal...
Quote on Market Wrap by Shrikant Chouhan, Head of Eq...
WEF: 5 new Indian industrial clusters commit to econ...
Sensex jumps 566 points, Nifty holds at 23,000 as US...
Centre hikes MSP of raw jute by Rs 315 for 2025-26 s...
WEF 2025: Urban mobility a major focus for Telangana...
