Buy Silver Above 62500 SL Below 62000 TGT 63200/63600 - Axis Securities
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Silver
MCX Silver price saw strong pullback after testing support zone, price is expected to trade positively. Sustaining above 62500 would push the price higher towards 63200//63600 levels intraday. The momentum indicator RSI is trading at 56 and it is forming higher highs which shows bullishness in the prices.
BUY SILVER ABOVE 62500 SL BELOW 62000 TGT 63200/63600
Natural Gas
MCX Natural Gas price has given a bullish breakout from falling trendline, price is expected to trade positively. Sustaining above 291 would push the price higher towards 296/300 levels in intraday. The price has started trading above 9,21&60 — hourly EMA which is a bullish sign for the prices.
BUY NATURAL GAS ABOVE 291 SL BELOW 287 TGT 296/300
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