04-08-2022 04:21 PM | Source: Axis Securities Ltd
Buy Zinc Above 356.50 SL Below 354.50 TGT 359/360 - Axis Securities
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Silver

MCX Silver price has given a bullish breakout from falling trend, price is expected to trade positively. Sustaining above 67000 would push the price higher towards 68000/68500 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullishness in the prices.

BUY SILVER ABOVE 67000 SL BELOW 66400 TGT 68000/68500

Zinc

MCX Zinc price has given a bullish breakout from descending triangle pattern, price is expected to trade positively. Sustaining above 356.50 would push the price higher towards 359/360 levels intraday. The hourly momentum indicator RSI is trading at 70 and it is forming higher highs which is a bullishness in the prices.

BUY ZINC ABOVE 356.50 SL BELOW 354.50 TGT 359/360

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