Buy Silver Above 70100 SL BELOW 69600 TGT 70700/71200 - Axis Securities Ltd
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SILVER
MCX Silver price has given bullish breakout from falling trend line channel, price is expected to trade positively. Sustaining above 70100 would push the price higher towards 70700/71200 levels in intraday. The tum indicator RSI is trading at 61it shows bullishness in the prices.
BUY SILVER ABOVE 70100 SL BELOW 69600 TGT 70700/71200
NICKEL
MCX Nickel price has seen a drop 1338 1343 1352 1358 1367 down after it failed to break it's [wane strong resistance level, price is reo expected to trade negatively. ayer Sustaining below 1347 would drag T1340 down the price lower towards Ce 1336/1330 levels in intraday. The Co tum indicator RSI is trading at bse 1316 51 and it failed to cross it's previous F 1308 high which shows a bearish sign for L 295 the prices.
SELL NICKEL BELOW 1347 SL ABOVE 1355 TGT 1336/1330
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