Sell Silver MAY @ 250000 SL 252500 TGT 247000-245000. MCX - Kedia Advisory
Silver

SELL SILVER MAY @ 250000 SL 252500 TGT 247000-245000. MCX
Observations
Silver trading range for the day is 244800-252480.
Silver rose after President Donald Trump extended the ceasefire with Iran
China's March silver imports hit a record high, amid retail investors' buying frenzy and concentrated stockpiling by the PV industry.
The silver market is heading for a sixth year of structural deficit, with 762 million troy ounces drawn from stocks since 2021.
Total global silver supply is forecast to decline 2%, reflecting producer hedging normalising after jumping in the second half of 2025.
