Buy Natural Gas Above 352 SL Below 342 TGT 365/370 - Axis Securities
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Natural Gas
MCX Natural gas price seen pullback after testing strong support level, Price is expected to trade positively. Sustaining above 352 would push the price higher towards 365/370 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullishness in the prices.
BUY NATURAL GAS ABOVE 352 SL BELOW 342 TGT 365/370
Silver
MCX Silver price is forming resistance near 61.80% retracement level, price is expected to trade negatively. Any brak down below 65200 would drag the price lower towards 64600/64300 levels in intraday. The hourly momentum indicator RSI is trading below 60 levels which shows weakness in the Prices.
SELL SILVER BELOW 65200 SL ABOVE 65700 TGT 64600/64300
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