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24-07-2024 12:34 PM | Source: Kedia Advisory
Buy Silver Sep @ 84500 SL 84000 TGT 85200-85800. MCX - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 81330-90810.
Silver dropped as India slashed import duties on silver to 6% from 15%.
Pressure also seen amid a weakening demand outlook in China dampened investor sentiment.
Traders focused on upcoming US economic data to reinforce rate-cut expectations by the Federal Reserve.
China’s economy grew less than expected in the second quarter, while economic indicators for June were mixed.
BUY SILVER SEP @ 84500 SL 84000 TGT 85200-85800. MCX
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