08-04-2024 05:58 PM | Source: Axis Securities Ltd
Buy Zinc Above 236 SL BELOW 234.50 238/239 - 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 71100 level it would witness buying which would push the price towards 71500-71700 levels. Important support for the day is around 70600.

BUY GOLD ABOVE 71100 SL BELOW 70900 TGT 71500/71700

 

Zinc

MCX Zinc opened on a flat note and witnessed buying momentum for the first part of the session. The chart pattern suggests that if Zinc crosses and sustains above 236 level it would witness buying which would push the price towards 238-239 levels. Important support for the day is around 230.

BUY ZINC ABOVE 236 SL BELOW 234.50 238/239

 

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