Published on 22/08/2022 10:07:00 AM | Source: Tradebulls Securities Pvt Ltd
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Gold
Gold is below 50 and 200 moving average. Sell on rise is recommended near 52000 for tgt of 51500 and stoploss of 52250
Crude Oil
Crude Oil is looking weak but short covering cannot be ruled out so buy ondips intraday around 7050 for tgt of 7150 and stoploss of 7000.
Basemetal Update
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Nickel and Aluminum continues to outperform.
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