31-05-2024 05:24 PM | Source: Axis Securities Ltd
SELL ZINC BELOW 267 SL ABOVE 269 TGT 264/262 - Axis Securities Ltd

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

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 72500 level it would witness buying which would push the price towards 72800-73000 levels. Important support for the day is around 71900.

BUY GOLD ABOVE 72500 SL BELOW 72300 TGT 72800/73000

 

ZINC
MCX Zinc opened sharply lower with a downward gap and traded with extreme volatility throughout the session. The chart pattern suggests that if zinc breaks and sustains below 267 level it would witness selling which would drag the price towards 264-262 levels. Important resistance for the day is placed at 271.50.

SELL ZINC BELOW 267 SL ABOVE 269 TGT 264/262

 

For More Axis Securities Disclaimer https://simplehai.axisdirect.in/disclaimer-home

SEBI Registration number is INZ000161633

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer