IGI Logo

GOLD

MCX Gold price has given a bullish breakout from consolidation range, price is expected to trade positively. Sustaining above 47050 would push the price higher towards 47300/47400v levels in intraday. As the price has started trading above 9,21&60 hourly MA which is a bullish sign for the prices.

BUY GOLD ABOVE 47050 SL BELOW 46900 TGT 47300/47400

CRUDE OIL

MCX Crude oil price is trading inside the channel under an ascending price pattern, price is expected to trade positively. Any breakout above 4570 next leg of the rally would push the price higher towards 4620/4650 levels in intraday. The price is trading abovev 60&100 hourly EMA which is a bullish sing for the price.

BUY CRUDE OIL ABOVE 4570 SL BELOW 4530 TGT 4620/4650

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