Buy Silver SEP @ 242000 SL 240000 TGT 246000-248000. MCX - Kedia Advisory
SILVER

BUY SILVER SEP @ 242000 SL 240000 TGT 246000-248000. MCX
Observations
Silver trading range for the day is 242450-250200.
Silver rose driven by a feeble dollar and the U.S. Treasury's surprise mid-week liquidity support announcement.
Silver could climb as high as $90 an ounce over the next six to 12 months – CITI
Feds minutes confirmed that some policymakers argued in favor of raising interest rates this year to prevent sharper inflationary pressure later on.
Chinese imports of silver-bearing ores jumped 62.5% year-on-year in June to 219,000 tonnes.
