Published on 25/02/2021 4:26:45 PM | Source: Axis Securities Ltd
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Silver
MCX Silver price is trading near resistance level of consolidation range, price is expected to trade positively. Any breakout above 70900 would push the price higher towards 72000/72500 levels in coming sessions. Price has started trading above 9,21&60 hourly EMA which is a bullish sign for the prices.
Buy Silver Above 70900 SL Below 70300 TGT 72000/72500
Natural gas
MCX Natural gas price has given | 228 reversal indication, price is expected — to trade positively. Sustaining above. The momentum indicator RSI is trading at 48 it shows bullish room oo reversal.
BUY NATURAL GAS IN THE RANGE OF 206.70-206.20 SL BELOW 200 TGT 216/220
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