Sell Silver Below 67000 SL ABOVE 67400 TGT 66500/66200 - Axis Securities
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SILVER
MCX Silver price is trading near trend line support level, price is expected to trade negatively. Any breakdown below 67000 would drag the price lower towards 66500/66200 levels in intraday. The price has started trading below 60 hourly EMA and tum indicator RSI is trading at 45 which shows negative sign for the price.
SELL SILVER BELOW 67000 SL ABOVE 67400 TGT 66500/66200
ZINC
MCX Zinc price failed to break several resistance levels near 220, price is expected to trade negatively. Sustaining below 215 would drag down the price lower towards 213/212.50 in intraday. The tum indicator RSI is trading at 35 which shows negative signs for the Price.
SELL ZINC BELOW 215 SL ABOVE 216.50 TGT 213/212.50
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