14-03-2024 12:06 PM | Source: Kedia Advisory
Buy silver MAY @ 74800 SL 74300 TGT 75600-76000. MCX -Kedia Advisory
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Silver
Observations
* Silver trading range for the day is 73145-76285.
* Silver rose as markets opted to keep their bets on interest rate cut by Fed in June.
* Stubborn US inflation for February has increased the uncertainty over Fed rate cuts in June.
* Fed policymakers have been reiterating that rate cuts would be appropriate only if they are confident Investors will shift focus to the US PPI and Retail Sales data for February.
BUY SILVER MAY @ 74800 SL 74300 TGT 75600-76000. MCX
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