Buy Natura Gas Above 224 SL Below 220 TGT 230/232 - Axis Securities Ltd
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NATURAL GAS
MCX Natural gas price is trading under an ascending triangle pattern, price is expected to trade positively. Any breakout above 224 would push the price higher towards 230/232 levels in intraday. The price has been trading above 9,21&60 hourly EMA which is a bullish sign for the prices.
BUY NATURAL GAS ABOVE 224 SL BELOW 220 TGT 230/232
ZINC
MCX Zinc price is trading near strong resistance level, price is expected to trade positively. Any breakout above 227) would push the price higher towards 229/229.50 levels in intraday. The momentum indicator RSI is trading at 67 it shows bullishness in the prices.
BUY ZINC ABOVE 227 SL BELOW 225.50 TGT 229/229.50
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