Nov 29, 2016 03:01 PM IST IST | Source: Moneycontrol.com

Silver to trade in 40071-41601 range: Achiievers Equities

According to Achiievers Equities, Silver gains as the dollar and long-dated U.S. Treasury bond yields retreated from recent highs.


Achiievers Equities report on Silver


Silver

Silver trading range for the day is 40071-41601.

Silver gains as the dollar and long-dated U.S. Treasury bond yields retreated from recent highs.

The euro zone recovery has withstood economic and political uncertainty and its recovery expected to continue, ECB President Mario Draghi said.

Hedge funds and money managers again cut their net long positions in COMEX silver contracts in the week to Nov. 22, U.S. CFTC data showed.

BUY SILVER DEC @ 40420 SL 40160 TGT 40700-41000. MCX

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Sections
Follow us on
Available On