Buy Silver Around 60200 SL Below 59900 TGT 60500/60800 - Axis Securities
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SILVER
Silver prices rallied higher in last trading session after it broke the strong support zone of 60000 level and rallied higher up till 60700 level on intraday basis. On hourly chart near term trend is positive for prices as it is trading above 9 and 20 days EMA and RSI is also above 60 level. Any dips around 60200 can be used as an buying opportunity
BUY SILVER AROUND 60200 SL BELOW 59900 TGT 60500/60800
ZINC
Zinc prices edged higher in last trading session after prices respected the support zone of 250 and rallied higher up till 253 level. We expect prices to trade in the mentioned range as long as it is trading above 250 level on daily basis. Any correction down till 251 level may used as an buying opportunity for the target of 252/253 on intraday basis.
BUY ZINC AROUND 251 SL BELOW 250 TGT 252/253
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