Sell Naturalgas Below 214 SL Above 220 TGT 207/204 - Axis Securities Ltd
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Naturalgas
MCX Naturalgas opened on a flat note and witnessed selling for most part of the session. The chart pattern suggests that if Naturalgas breaks and sustains below 214 level it would witness selling which would drag the price towards 207/204 levels. Important resistance for the day is placed at 222.
SELL NATURALGAS BELOW 214 SL ABOVE 220 TGT 207/204
Zinc
MCX Zinc opened on a flat note and witnessed selling for most part of the session. The chart pattern suggests that if Zinc breaks and sustainds below 207 level it would witness selling which would drag the price towards 205-204 levels. Important resistance for the day is placed at 210.
SELL ZINC BELOW 207 SL ABOVE 208.50 TGT 205/204
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