Buy Natural Gas Above 418 SL Below 413 TGT 425/427 - Axis Securities
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Natural gas
MCX Natural gas price has given a bullish breakout from the ascending triangle pattern, price is expected to trade positively. Sustaining above 418 would push the price higher towards 425/427 levels intraday. The momentum indicator RSI is trading at 74 and it is forming higher highs which is a bullish sign for the prices.
BUY NATURAL GAS ABOVE 418 SL BELOW 413 TGT 425/427
Silver
MCX Silver price has been trading under rising trend line channel, price is expected to trade positively. t ARCO Sustaining above 66300 would push the price higher towards 67000/67300 levels intraday. The price is failing to sustain below 20 hourly EMA which shows strength in the prices.
BUY SILVER ABOVE 66300 SL BELOW 65800 TGT 67000/67300
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