Friday 26 September 2014

CAPITAL STROKE UPDATE 26-September-2014: MCX SILVER




SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-42000 R1-40500 S1-38000
S2-36500

Silver settled flat recovering from lows as sharp sell-off in equities prompted investors to buy bullion as a safe haven.

Hawkish comments out of the Federal Reserve boosted the dollar and allowed for choppy trading at times.

U.S. Labor Department report showed jobless claims to have climbed less than expected to 293,000 in the week ended September 20.


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