Buy Crude Oil Above 5350 SL Below 5300 TGT 5400/5450 - Axis Securities
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Copper
Copper price closed on a positive note in last trading session. On hourly chart prices is trading above 9 and 20 days EMA and RSI is also abpve 60 level which indicate that momemtum in strong for prices. Traders can buy COPPER on dips around 735 for the target of 738 on intraday basis.
Crude oil
Crude oil prices edged higher in last trading session after prices broke the resistance zone of 5400 and closed around 5465 level. On hourly chart it closed above 9 and 20 days EMA and RSI is also above nearing 60 level which indicate that momemtum is strong for prices. Traders can buy Crude oil on dips around 5350 for the target of 5400 on intraday basis.
BUY CRUDE OIL ABOVE 5350 SL BELOW 5300 TGT 5400/5450
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