Buy Silver Above 61200 SL Below 60700 TGT 62000/62400 - Axis Securities
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Silver
MCX Silver price is sustaining higher after breaking the falling trend line, price is expected to trade positively. Any breakout above 61200 would push the price higher towards 62000/62400 levels intraday. The price has been trading above 60&100 hourly EMA which is a bullish sign for the prices.
BUY SILVER ABOVE 61200 SL BELOW 60700 TGT 62000/62400
Natural Gas
MCX Natural gas price is trading inside the ascending triangle pattern, Price is expected to trade positively. Sustaining above 448 would push the price higher towards 455/460 levels intraday. The momentum indicator RS] is trading at 62 it is forming higher highs which is a bullish sign for the prices.
BUY NATURAL GAS ABOVE 448 SL BELOW 443 TGT 455/460
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