Buy Natural Gas Above 312 SL Below 308 TGT 317/320 - Axis Securities
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Natural Gas
MCX Natural gas price is trading near strong resistance, price is expected to trade positively. Any breakout above 312 above would push the price higher towards 317/320 levels intraday. The price has been trading above 60&100 EMA which is a bullish sign for the prices.
BUY NATURAL GAS ABOVE 312 SL BELOW 308 TGT 317/320
Nickel
MCX Nickel price has given a strong bearish breakdown, price is expected to trade negatively. Sustaining below 1425 would drag down the price lower; towards 1411/1405 levels in intraday. The price has started trading below 9,21&60 hourly EMA which is a bearish sign for the prices.
SELL NICKEL BELOW 1425 SL ABOVE 1435 TGT 1411/1405
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