Buy Natural Gas Above 438 SL Below 434 TGT 444/448 - Axis Securities
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Gold
MCX Gold price is trading inside the rising trend line channel by forming higher highs and higher lows, price is expected to trade positively. Sustaining above 47050 would push the price higher towards 47300/47400 levels intraday. The price has been trading above 9,21&60 hourly EMA which is a positive sign for the prices.
BUY GOLD ABOVE 47050 SL BELOW 46850 TGT 47300/47400
Natural Gas
MCX Natural gas price is trading inside the ascending triangle pattern, price is expected to trade positively. Any breakout above 438 would push the price higher towards 444/448 levels intraday. The price has started trading above 60100 hourly EMA which is a bullish sign for the prices.
BUY NATURAL GAS ABOVE 438 SL BELOW 434 TGT 444/448
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