Sell Naturalgas Below 219 SL Above 223 TGT 214/710 - Axis Securities
Silver
MCX Silver opened on a flat note and remained in a small range throughout the day. The chart pattern suggests that if Silver crosses and sustains above 72700 level it would witness buying which would push the price towards 73500-74000 levels. Important support for the day is around 71600.
BUY SILVER ABOVE 72700 SL BELOW 72200 TGT 73500/7400
Naturalgas
MCX Naturalgas opened with a downward gap and traded with extreme volatility on either side. The chart pattern suggests that if Naturalgas breaks and sustains below 219 level it would witness selling which would drag the price towards 214-210 levels. Important resistance for the day is placed at 227.
SELL NATURALGAS BELOW 219 SL ABOVE 223 TGT 214/710
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