Buy Naturalgas Above 800 Sl Below 785 Tgt 820/830 - Axis Securities
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Alumainium
MCX Aluminium opened with an upward gap and remained in positive terrain throughout the day. The hourly strength indicator RSI is moving upwards and is above its reference line indicating positive bias. Aluminium continues to remain in an uptrend for the intraday, so buying on dips continues to be our preferred strategy.
BUY ALUMINIUM IN THE RANGE OF 210.90_210.40 SL BELOW 209.50 TGT 212.50/213.50
NaturalGas
MCX NaturalGas opened on a positive note and extended buying momentum in the first half. The chart pattern suggests that if NaturalGas crosses and sustains above 800 level it would witness buying which would push It towards 820-830 levels.Important support for the day is around 770.
BUY NATURALGAS ABOVE 800 SL BELOW 785 TGT 820/830
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