2025-02-12 09:14:41 am | Source: Kedia advisory
SELL SILVER MAR @ 95000 SL 95500 TGT 94400-94000. MCX - Kedia Advisory
SILVER
SELL SILVER MAR @ 95000 SL 95500 TGT 94400-94000. MCX
Observations
Silver trading range for the day is 91930-96540.
Silver dropped on profit booking as dollar index maintained its recent rally.
A Labor Department report showed the U.S. economy added 143,000 jobs in January, compared with a rise of 170,000 expected
Investors continued to anticipate two Fed rate cuts in 2024 despite strong labor data, aligning with FOMC projections.
Investors were also preparing for the release of the latest US inflation figures and comments from Federal Reserve Chair Jerome Powell.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Quote on Post-market comment by Mandar Bhojane, Rese...
Daily Market Commentary : Indian market stays firm ...
Sensex rises for 3rd day; Nifty near 23,450 as banks...
Evening Track : Gold rally accelerates, crossing $3,...
India`s Wipro forecasts weak Q1 revenue, warns of ca...
Adroit Infotech shines as its arm bags order from PT...
Ashapuri Gold Ornament moves up on expanding operati...
Quote on Market Wrap by Shrikant Chouhan, Head Equit...
Attero joins National Institute of Solar Energy to a...
Mark Mobius: India has potential to become world`s 2...
