Buy Silver Above 75700 SL Below 75200 TGT 76400/77000 - Axis Securities
Silver
MCX Silver opened on a flat note and remainced in a small range throughout the day. The chart pattern suggests that if silver crocess and sustains above 75700 level it would witness buying which would push the price towards 76400-77000 leveles. Important support for the day is around 75000.
BUY SILVER ABOVE 75700 SL BELOW 75200 TGT 76400/77000
Crude oil
MCX Crudeoil opened with an upward gap and remained in positive terrain throughout the day. The price is moving in a Higher Top and Higher Bottom formation on the daily chart indicating a sustained up trend.Crudeoil continues to remain in an uptrend for the short term, so kbuying on dips continues to be our preferred strategy.
BUY CRUDEOIL ABOVE 6330 SL BELOW 6250 TGT 6430/6470
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