Sell Silver Around 66000 SL ABOVE 66300 TGT 65700/65400 - Axis Securities Ltd
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SILVER
Silver prices edged lower in last trading session after it broke the strong support zone of 67000 level and drifted lower towards 66000 level. Overall trending is looking bearish for prices as long on hourly chart prices is trading below 9 and 20 days EMA and RSI is trading below 40 levels indicating low momentum in prices. Traders can sell Silver around 66000 level for the target of 65700 level on intraday basis.
SELL SILVER AROUND 66000 SL ABOVE 66300 TGT 65700/65400
NATURAL GAS
Natural gas priced edged lower in last trading session on account of positive inventory data which pulled the price lower below 200 level. Short term trend is negative for prices as it is trading below 9 and 20 days EMA and RSI is trading below 40 level indicating low momentum in prices. Traders can sell Natural gas around 203 for the target of 200 on intraday basis.
SELL NATURAL GAS AROUND 203 SL ABOVE 206 TGT 200/197
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