03-07-2022 04:37 PM | Source: Axis Securities Ltd
Buy Natural Gas In The Range Of 392/392 SL Below 385 TGT 402/406 - Axis Securities
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Gold

MCX Gold price has given an ascending triangle pattern, price is expected to trade positively. Sustaining above 54000 would push the price higher towards 54300/54400 levels intraday. The momentum indicator RSI is trading at $3 and it is forming higher highs which is a bullishness in the prices.

BUY GOLD ABOVE 54000 SL BELOW 53800 TGT 54300/54400

Natural Gas

MCX Natural gas price has given a bullish breakout, price is expected to trade positively. Sustaining above 392 would push the price higher towards 402/406 in intraday. The price has started trading above 9,21&60 hourly EMA which is a bullishness in the prices.

BUY NATURAL GAS IN THE RANGE OF 392/392 SL BELOW 385 TGT 402/406

 

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