Sell Natural Gas Below 205 SL ABOVE 209 TGT 200/198 - Axis Securities Ltd
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SILVER
MCX Silver price has given a bullish breakout, price is expected to trade positively. Sustaining above 71000 would push the price higher towards 71700/72300 levels in intraday. The tum indicator RSI is trading at 72 and it is forming higher highs and higher lows which is a bullish sign for the prices.
BAY SILVER ABOVE 71000 SL BELOW 70500 TGT 71700/72300
NATURAL GAS
MCX Natural gas price has given a bearish breakout, price is expected to trade negatively. Sustaining below 205 would drag the price lower towards 200/198 levels in intraday. The price has started trading below 100 SMA (Simple Moving Averages) which is a negative sign for the prices.
SELL NATURAL GAS BELOW 205 SL ABOVE 209 TGT 200/198
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