Silver trading range for the day is 131330-140390 - Kedia Advisory

Silver
Be Cautious. Important resistance at 138500 while Support at 135500.
Observations
Silver trading range for the day is 131330-140390.
Silver rose as firmer industrial offtake and tighter physical availability outweighed stronger US macro data.
The dollar index climbed past 98 to a near three-week high, extending gains for the second session.
Offtake from photovoltaic panels and electronics, has picked up, supporting near-term consumption.
Existing home sales in US eased by 0.2% from the previous month.










Tag News

Views on Dhanteras from Mr. Satish Dondapati, Fund Manager, Kotak Mutual Fund


