Buy Silver Mar @ 196500 SL 194800 TGT 198500-200000. MCX - Kedia Advisory
SILVER
BUY SILVER MAR @ 196500 SL 194800 TGT 198500-200000. MCX
Observations
Silver trading range for the day is 192010-202260.
Silver dropped as investors booked profits after a record rally on tightening inventories, strong industrial demand
Support also seen on loower levels ofter dollar following Fed rate cut, though prospects for further easing in 2026 remain uncertain.
Additional support came from robust ETF inflows and retail buying, reinforcing expectations of a market deficit in the year ahead.
The Fed's official projections indicated only one rate cut next year, but the outlook is highly uncertain.
