Buy Silver Above 73200 Sl Below 72800 TGT 72800/73200 - Axis Securities Ltd
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SILVER
MCX Silver price has given a bullish breakout from falling trend line, price is expected to trade positively. Sustaining above 73200 would push the price higher towards 74000/74300 levels in intraday. The momentum indicator RSI is trading at 67 and it is forming higher highs which is positive sign for the prices.
BUY SILVER ABOVE 73200 SL BELOW 72800 TGT 72800/73200
CRUDE OIL
MCX Crude oil price has given a bullish breakout from consolidation range, price is expected to trade positively. Sustaining above 5000 would push the price higher towards 5050/5070 levels intraday. The price is trading above 9,21&60 hourly EMA which is a positive sign for the prices.
BUY CRUDE OIL ABOVE 5000 SL BELOW 4950 TGT 5070/5100
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