08-11-2022 05:03 PM | Source: Axis Securities Ltd
Buy Crudeoil Above 7450 Sl Below 7350 Tgt 7600/7700 - Axis Securities
News By Tags | #5481 #473

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

Aluminium 

MCX Aluminium opened on a flat note and buying momentum throughout the session. The chart pattern suggests that if Aluminium crosses and sustains above 216 level it would witness buying which would lead It towards 220-221 levels. Important support for the day is around 215.

BUY ALUMINIUM IN THE RANGE OF 218 SL BELOW 216.50 TGT 220/221.

 

Crudeoil

MCX Crudeoil opened with an upward gap and remained in positive terrain throughout the day. The hourly strength indicator RSI is moving upwards and is above its reference line indicating positive bias. On the hourly chart Crude Oil is trading above 20 and 60 hourly EMA's indicating positive bias in the sntzadey.

BUY CRUDEOIL ABOVE 7450 SL BELOW 7350 TGT 7600/7700

 

To Read Complete Report & Disclaimer Click Here

 

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

SEBI Registration number is INZ000161633

 

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

Latest
Zerodha reports revenue of Rs 6,875 cr, profit at Rs...

Read More..

Oil prices steady as economic outlook balances tight...

Read More..

Climate change, tech and geopolitics will shape futu...

Read More..

JPMorgan sees India in its top 3 fastest-growing Asi...

Read More..

OYO set to report its 1st net profit at Rs 16 cr in ...

Read More..

FIIs stood as net sellers in equities as per Septemb...

Read More..

Investor Confidence Grows as Digikore`s IPO Continue...

Read More..

Delhivery, AWS, Nexus Ventures nurture logistics sta...

Read More..

India among most competitive aviation markets in wor...

Read More..

128 startup founders urge TRAI not to impose telecom...

Read More..