Sell Silver Below 59400 SL Above 60000 TGT 58800/58200 - Axis Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Silver
MCX Silver opened on a flat note and witnessed extreme volatility on either side for most part of the session. The chart pattern suggests that if Silver breaks and sustains below 59400 level it would witness selling which would drag It towards 58800-58200 levels. Important resistance for the day placed at 60000.
SELL SILVER BELOW 59400 SL ABOVE 60000 TGT 58800/58200
Lead
MCX Lead opened on a flat note and witnessed selling for the first part of the session. The daily strength indicator RSI has turned negative from the overbought territory and is below its reference line indicating sustained downtrend. Lead continues a to remain in a downtrend in the short to medium term, so selling on rallies continues to be our preferred strategy.
SELL LEAD BELOW 174.50 SL ABOVE 175.50 TGT 173
To Read Complete Report & Disclaimer Click Here
For More Axis Securities Disclaimer https://simplehai.axisdirect.in/disclaimer-home
SEBI Registration number is INZ000161633
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
