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Published on 16/09/2020 5:44:53 PM | Source: Axis Securities Ltd

Sell Silver Below 68800 SL Above 69200 TGT 68200/68000 - Axis Securities

Posted in Commodities Reports| #Commodity Tips #Axis Securities Ltd

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Silver

MCX Silver price is building soo ose seaa7.0 | eesco resistance near 50% retracement level, i | eseoo LL | es700 price is expected to trade negatively. Any breakdown below 68800 next leg of the correction would drag down the price lower towards 68200/68000 levels in intraday. The momentum indicator RSI is trading at 48 it shows bearishness inprices.

SELL SILVER BELOW 68800 SL ABOVE 69200 TGT 68200/68000

 

Natural gas

MCX Natural gas price is trading near strong resistance level, price is r expected to trade positively. Any - "se breakout above 176 next leg of the L tse rally would push the price higher - ‘ee towards 180/183 levels in intraday. L178 Price has started trading above 60 cA EMA which is a bullish sign for prices. L re The RSI is trading at 67 it shows r ve positive momentum in prices.

BUY NATURAL GAS ABOVE 176 SL BELOW 173 TGT 180/183

 

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