Buy Natural Gas Above 355 SL Below 352 TGT 358/362 - Axis Securities Ltd
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SILVER
Silver prices edged higher in last trading session after it broke the strong resistance zone of 59700 and touched 60400 level on intraday basis. On hourly chart prices is trading above 9 and 20 days EMA and RSI is also around 60 level which is a positive sign for prices. Traders can buy Silver above 60500 for the target of 60800 on intraday basis.
BUY SILVER ABOVE 60500 SL BELOW 60200 TGT 60800/61200
NATURAL GAS
Natural gas prices edged lower in last trading session after prices broke the support zone of 360 and touched 350 level on intraday basis. On hourly chart prices is trading near the important support zoe of 350 level which is the previous breakout level. We expect some short covering from the current level. Traders can buy Natural gas above 355 for the target of 358 on intraday basis.
BUY NATURAL GAS ABOVE 355 SL BELOW 352 TGT 358/362
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