Buy Silver Above 68600 SL BELOW 68100 TGT 69300/69600 - Axis Securities
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SILVER
MCX Silver price is trading inside the rising trend line channel, price is expected to trade positively. Any breakout above 68600 would push the price higher towards 69300/69600 levels in intraday. The price has started trading above 9,21&60 hourly EMA which is a bullish sign for the prices.
BUY SILVER ABOVE 68600 SL BELOW 68100 TGT 69300/69600
CRUDE OIL
MCX Crude oil price is trading under consolidation range, price remains to trade higher. Any breakout above 4765 next leg of the rally would push the price higher towards 4830/4860 levels in intraday. The momentum indicator RSI is trading at 60 it shows bullishness in the prices.
BUY CRUDE OIL ABOVE 4765 SL BELOW 4720 TGT 4830/4860
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