Buy Natural Gas Around 294 SL Below 291 TGT 297/300 - Axis Securities
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CRUDE OIL
Crude oil prices rallied in last trading session after being under selling pressure from past few days. Prices closed around 5350 level in last trading session. However strong resistance zone is seen round 5370 level. Traders can sell near the mentioned level for the target of 5340 on intraday basis
SELL CRUDE OIL AROUND 5370 SL ABOVE 5400 TGT 5340/5300
NATURAL GAS
Natural gas prices rallied higher in last trading sessin and it closed near 296.4 level. Overall trend is looking positive for prices as it is trading above 20 and 60 days EMA and RSI is also above 60 indicating high momemtum in prices.Traders can buy Natural gas around on dips around 294 for the target of 297 on intraday basis .
BUY NATURAL GAS AROUND 294 SL BELOW 291 TGT 297/300
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