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Published on 24/01/2020 11:12:44 AM | Source: Axis Securities Ltd

Sell Nickel Below 1000 SL Above 1003 TGT 997/995 - Axis Securities

Posted in Commodities Reports| #Commodity Tips #Axis Securities Ltd

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Crude oil

Crude oil prices corrected in last trading session after prices broke the support zone of 3960 and drifted lower towards 3930 levels on intraday basis. Short term trend is negative for prices as it is trading below 9 and 20 Days EMA on hourly basis. Traders can sell Crude oil below 3920 for the target of 3890 on intraday basis.

SELL CRUDE OIL BELOW 3920 SL ABOVE 3950 TGT 3890/3870

 

Nickel

Nickel Prices edged lower in last trading session after price broke the strong support zone of 1010 and drifted lower towards 1000 levels on intraday basis. Immediate support zone can be seen around 1000 levels. Breakdown below the mentioned levels may drag prices lower towards 996 levels on intraday basis.

SELL NICKEL BELOW 1000 SL ABOVE 1003 TGT 997/995

 


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