Sell Silver Around 70900 Sl Above 71200 TGT 70600/70300 - Axis Securities Ltd
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SILVER
Silver prices traded volatile in last trading session after prices broke the strong resistance zone of 70800 and touched 71400 level. However prices failed to sustain around the day's high and correted down till 69000 level on Yellen statement that intrest rate has to increase. Sell on rise is recommended in Silver for around 70900 level for the target of 70600 level on intraday basis.b
SELL SILVER AROUND 70900 SL ABOVE 71200 TGT 70600/70300
SOYABEAN
Soyabean prices edged higher in last trading session and it closed around 7250 level. On hourly chart prices is trading above 9 and 20 days EMA and RSI is also above 60 level which indicate high momentum in prices. Traders can buy soyabean above 7300 for the target of 7340 level on intraday basis.
BUY SOYABEAN ABOVE 7300 SL BELOW 7260 TGT 7340/7390
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