05-11-2022 04:43 PM | Source: Axis Securities Ltd
Buy Natural Gas Above 585 SL Below 570 TGT 605/620 - Axis Securities
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Gold

MCX Gold opened with an upward gap and remained in positive terrain throughout the day. The chart pattern suggests that if Gold crosses and sustains above 50800 level it would witness buying which would push It towards 51100-51300 levels. Important support for the day is around 50600.

BUY GOLD ABOVE 50800 SL BELOW 50600 TGT 51100/51300

Natural Gas

MCX Naturalgas opened with an upward gap and remained lackluster within a narrow trading range throughout the day. The chart pattern suggests that if Naturalgas crosses and| sustains above 585 level it would witness buying which would push It towards 605-620 levels in intraday.

BUY NATURAL GAS ABOVE 585 SL BELOW 570 TGT 605/620

 

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