Sell Silver May @ 73800 SL 74500 TGT 73000-72500. MCX - Kedia Advisory
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Silver
Observation
* Silver trading range for the day is 72365-74945.
* Silver dropped on profit booking after prices gained on expectations of Fed’s interest rate cuts this year.
* Global silver demand is forecasted to increase by 1%, primarily driven by a projected record high in industrial demand.
* India is anticipated to witness a 9% rise in silver jewelry fabrication, contributing to a record 6% increase in worldwide consumption.
* Markets will now await key US Jobs report and Powell's testimony to gain more clarity about the timing of monetary easing
SELL SILVER MAY @ 73800 SL 74500 TGT 73000-72500. MCX
Tag News
Buy Gold Above 72500 SL Below 72300 TGT 72800/73100 - Axis Securities Ltd
