07-07-2021 04:31 PM | Source: Axis Securities Ltd
Buy Aluminium Above 201 Sl Below 200 TGT 202.50/203 - Axis Securities Ltd
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Gold

MCX Gold price is trading near strong resistance, price is expected to trade positively . Any breakout above 48000 would push the price higher towards 48250/48400 push the price higher towards levels intraday. The 60 hourly EMA has crossed over 100 EMA which is a bullish sign for the price.

BUY GOLD ABOVE 48000 SL BELOW 47800 TGT 48250/48400 

 

ALUMINIUM

MCX Aluminium price is trading inside the bullish expanding triangle, Price is expected to trade positively. Any breakout above 201 would push the price higher towards 202.50/203 levels in intraday. The price has been trading above 200 EMA which shows the trend remains buy on dips.

BUY ALUMINIUM ABOVE 201 SL BELOW 200 TGT 202.50/203

 

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