Sell Silver Mar@ 205500 SL 207500 TGT 203000-201000. MCX - Kedia Advisory
Silver

SELL SILVER MAR @ 205500 SL 207500 TGT 203000-201000. MCX
Observations
Silver trading range for the day is 198715-209485.
Silver dropped on profit booking after prices gained on tightening inventories, strong industrial demand.
Industrial demand, especially from solar panels and electronics, continues to surge, which has created a persistent and growing supply deficit.
Fed’s Williams said the U.S. central bank's interest rate cut last week was the right move.
The U.S. unemployment rate rose to 4.6%, surpassing a poll of estimate of 4.4%, the highest since September 2021.
