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MTECHTIPS;-Silver to trade in 40990-46040 range: Achievers Equities

Wednesday, October 5, 2016 7:20

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MTECHTIPS;-Silver to trade in 40990-46040 range: Achievers Equities

MTECHTIPS- Silver trading range for the day is 40990-46040. Silver dropped weighed down by a stronger U.S. dollar following recent upbeat U.S. data continued to weigh on the precious metal. Fed’s Lacker that there was a strong case for raising interest rates, stoked expectations that the Fed will lift rates by year-end. The reports added to optimism over the strength of the economy after Friday’s upbeat U.S. consumer sentiment data. SELL SILVER DEC ON JUMP @ 43500 SL 43850 TGT 43150-42800 .MCX.

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