Sell Silver Below 71900 SL ABOVE 72300 TGT 71300/71000 - Axis Securities Ltd
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Crudeoil
MCX Crudeoil opened on a flat note and buying momentum throughout the session let it trade near the day's high. The chart pattern suggests that if Crudeoil crosses and sustains above 6820 level it would witness buying which would push the price towards 6950-7000 levels. Important support for the day is around 6700.
BUY CRUDEOIL ABOVE 6820 SL BELOW 6750 TGT 6950/7000
Natural Gas
MCX Silver opened sharply lower with a downward gap and selling pressure throughout the session. The chart pattern suggests that if Silver breaks and sustains below 71900 level it would witness selling which would drag the price towards 71300-71000 Important resistance for the day is placed at 72500.
SELL SILVER BELOW 71900 SL ABOVE 72300 TGT 71300/71000
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