Buy Gold Above 71700 SL BELOW 71500 TGT 72000/72200 - Axis Securities Ltd
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Gold
MCX Gold opened with an upward gap and remained in positive terrain throughout the day. The chart pattern suggests that if Gold crosses and sustains above 71700 level it would witness buying which would push the price towards 72000-72200 levels. Important support for the day is around 71200.
BUY GOLD ABOVE 71700 SL BELOW 71500 TGT 72000/72200
Naturalgas
MCX Naturalgas 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 Naturalgas crosses and sustains above 157 level it would witness buying which would push the price towards 163-166 levels. Important support for the day is around 153.
BUY NATURALGAS ABOVE 157 SL BELOW 153 TGT 163/166
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