Buy Silver Sep @ 84500 SL 84000 TGT 85200-85800. MCX - Kedia Advisory
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