Buy Silver Around 61000 SL Below 60700 TGT 61300/61600 - Axis Securities
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Silver
Silver prices edged lower in the last session after prices broke the strong support zone of 62000 and touched 61100 on intraday basis.On hourly chart strong support zone can be seen around 61000 level. We may expect some some pullback from the mentioned level up till 61500 as long as 61000 level is intact on the lower side.
BUY SILVER AROUND 61000 SL BELOW 60700 TGT 61300/61600
Crude oil
Crude oil prices closed on a flat note in last session. On daily chart prices has formed harami candlestick pattern near the bottom of the rally which indicate reversal from current downtrend. Traders may buy Crude oil around 5000 for the target of 5030 on intraday basis.
BUY CRUDE OIL AROUND 5000 SL BELOW 4970 TGT 5030/5060
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