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Silver

MCX Silver price is facing strong resistance near trend line level, price is expected to trade negatively. Any breakdown below 66500 would drag the price lower towards 65700/65000 levels intraday. The price has been trading below 9,21&60 hourly EMA which is a bearishness in the prices.

SELL SILVER BELOW 66500 SL ABOVE 67000 TGT 65700/65000

Natural Gas

MCX Natural gas price has given a bullish breakout from falling trend line channel, price is expected to trade positively. Sustaining above 425 would push the price higher towards 435/440 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullishness in the prices.

BUY NATURAL GAS ABOVE 425 SL BELOW 417 TGT 435/440

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