Buy Gold Above 58900 SL Below 58700 TGT 59150/59300 - Axis Securities Ltd
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Gold
MCX Gold opened on a flat note and remained in a small range throughout the day. The chart pattern suggests that if Gold crosses and sustains that if Gold crosses and sustains above 58900 level it would witness buying which would push the price towards 59150-59300 levels. Important support for the day is around 58700.
BUY GOLD ABOVE 58900 SL BELOW 58700 TGT 59150/59300
Naturalgas
MCX Gold opened on a flat note and remained in a small range throughout the day. The chart pattern suggests that if Gold crosses and sustains that if Gold crosses and sustains above 58900 level it would witness buying which would push the price towards 59150-59300 levels. Important support for the day is around 58700.
SELL NATURALGAS BELOW 202 SL ABOVE 208 TGT 196/191
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