Sell Silver MAY @ 247000 SL 249500 TGT 243500-241500. MCX - Kedia Advisory
Silver

SELL SILVER MAY @ 247000 SL 249500 TGT 243500-241500. MCX
Observations
Silver trading range for the day is 235560-250090.
Silver prices rose as dollar index fell as traders continued to focus on developments in the Middle Ea
The University of Michigan’s Consumer Sentiment Index was revised up to 49.8 in April 2026 from an initial estimate of 47.6.
The Fed is widely expected to keep the federal funds rate unchanged next week, with no further rate changes anticipated for the remainder of the year
CME Group lowered the initial margin on its COMEX 5,000 silver futures to 11% from 14%.
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