Buy Aluminium Around 161 SL BELOW 160 TGT 162/163 - Axis Securities Ltd
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CRUDE OIL
Crude oil prices edged higher in last trading session. Price is currently trading near 52 week high near 4050 level. Overall trend is looking positive for prices as on hourly chart prices is trading above 9 and 20 days EMA and RSI is above 60 level indicating high momentum in prices. Traders can buy Crude oil around 4030 level for the target of 4060 level on intraday basis.
BUY CRUDE OIL AROUND 4030 SL BELOW 4000 TGT 4060/4090
ALUMINIUM
Aluminium price is trading in a tight range between 160 and 161 level from last few days. However on daily chart prices has formed hammer candlestick pattern followed by a green candle which is indicate possible reversal in prices. Trader can buy Aluminium around 161 for the target of 162 on intraday basis.
BUY ALUMINIUM AROUND 161 SL BELOW 160 TGT 162/163
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