MTECHTIPS:-Silver to trade in 41398-42494 range: Achievers Equities

MTECHTIPS:-Silver to trade in 41398-42494 range: Achievers Equities

MTECHTIPS-Silver trading range for the day is 41398-42494. Silver dropped with investors noting upbeat language from the Fed in the latest policy review signaling rate hikes remain on track. Payroll processing firm ADP said non-farm private employment rose by 246,000 last month, easily surpassing forecasts for an increase of 165,000. Holdings at is hares silver trust dropped by 0.28% i.e. 29.48 tonnes to 10414.99 tonnes from 10444.47 tonnes. BUY SILVER MAR 2017 @ 41700 SL 41480 TGT 41920-42100. MCX.

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