Wednesday 17 September 2014

CAPITAL STROKE UPDATE 17-September-2014: MCX SILVER




SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-44000 R1-42500 S1-40000 S2-39000

Silver prices rose in subdued trading ahead of the Federal Reserve releases its statement on monetary policy on Wednesday

Silver outperformed gold, as a technical indicator showed Tuesday's gains sent the white metal out of oversold conditions.

Fed will announce its latest statement on monetary policy and expectations for the U.S. central bank to cut its monthly bond-buying program to $15 billion.


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