Sell Silver May @ 76000 SL 76500 TGT 75200-74600. MCX - Kedia Advisory
Silver
Observation
Silver trading range for the day is 74780-76310.
Silver traded flat as investors held their breath ahead of policy meeting of major central banks.
Most regulators are anticipated to leave their current interest rates untouched.
Mixed economic data from the US prompted the readjustment of bets on June interest rate cut by the Fed to around 55%.
China’s industrial production, fixed asset investment, and retail sales all grew more than forecasted.
SELL SILVER MAY @ 76000 SL 76500 TGT 75200-74600. MCX