Buy Naturalgas Above 199 SL BELOW 195 TGT 205/208 - Axis Securities Ltd
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Silver
MCX Silver 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 Silver crosses and sustains above 86000 level it would witness buying which would push the price towards 86800-87300 levels. Important support for the day is around 84500.
BUY SILVER ABOVE 86000 SL BELOW 85500 TGT 86800/87300
Naturalgas
MCX Naturalgas opened with a downward gap but witnessed buying in the second half of the session which pushed prices to day's high. The chart pattern suggests that if Naturalgas crosses and sustains above 199 level it would witness buying which would push the price towards 205-208 levels. Important support for the day is around 193.
BUY NATURALGAS ABOVE 199 SL BELOW 195 TGT 205/208
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