Buy Silver Above 62300 SL Below 61700 TGT 63000/63500 - Axis Securities
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Silver
MCX Silver price is trading inside the Lessa symmetrical expected breakout to above trade triangle 62300 positively. pattern, would Any push price the is price higher towards 63000/63500 intraday. The price has started trading above 9,21&60 hourly EMA which is abullishness in the prices.
BUY SILVER ABOVE 62300 SL BELOW 61700 TGT 63000/63500
Natural Gas
MCX Natural gas price is trading near the support level of rising trend line, Price is expected to trade negatively. Any breakdown below 279 would drag the price lower towards 272/268 levels intraday. The momentum indicator RSI is trading at 50 and it is forming lower lows which is a bearishness in the prices.
SELL NATURAL GAS BELOW 279 SL ABOVE 284 TGT 272/268
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