01-01-1970 12:00 AM | Source: Axis Securities Ltd
Buy Natural Gas Above 650 SL Below 640 TGT 665/675 - Axis Securities
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Silver

MCX Silver opened sharply lower with a downward gap however buying support at lower levels recovered some of the earlier losses. The chart pattern suggests that if the Silver crosses and sustains above 61300 level it would witness buying which would push It towards 62000- 62500 levels. Important support for the day is around 60800.

BUY SILVER ABOVE 61300 SL BELOW 60800 TGT 62000/62500

Natural Gas

MCX Naturalgas opened on a flat note and remained in a small range throughout the day. The chart pattern suggests that if Naturalgas crosses and sustains above 650 level it would witness buying which would push It towards 665-675 levels. Important support for the day is around 630.

BUY NATURAL GAS ABOVE 650 SL BELOW 640 TGT 665/675

 

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