Buy Crude Oil Above 5140 SL Below 5100 TGT 5200/5230 - Axis Securities
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Crude Oil
MCX Crude oil price has given a bullish neckline breakout from inverted head and shoulder pattern, price is expected to trade positively. Sustaining above 5140 would push the price higher towards 5200/5230 levels intraday. The price has started trading above 20 hourly EMA which is a positive sign for the prices.
BUY CRUDE OIL ABOVE 5140 SL BELOW 5100 TGT 5200/5230
Nickel
MCX Nickel price is trading near the strong resistance, price is expected to trade positively. Any breakout above 1500 would push the price higher towards 1510/1515 levels intraday. The price has been trading above 9,21&60 hourly EMA which is a bullish sign for the prices.
BUY NICKEL ABOVE 1500 SL BELOW 1492 TGT 1510/1515
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