MTECHTIPS;-Silver to trade in 38111-38941 range: Achievers Equities

MTECHTIPS;-Silver to trade in 38111-38941 range: Achievers Equities

MTECHTIPS- Silver trading range for the day is 38111-38941. Silver dropped as sentiments still remain weak in the short term as the Fed hikes rates more aggressively. Prices have fallen sharply as a soaring U.S. dollar, rising Treasury yields and a record- breaking rally on Wall Street have damped its appeal. The outlook for bullion remains cloudy in the near-term, given expectations for hi her U.S. interest rates in the months ahead. SELL SILVER MAR @ 38800 SL 39250 TGT 38550-38250. MCX.

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