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Buy Crude Oil Above 5380 SL Below 5330 TGT 5450/5470 - Axis Securities
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Aluminium
MCX Aluminium price is trading near the resistance of falling trend line, price is expected to trade positively. Any breakout above 198 would push the price higher towards 199.50/200 levels intraday. The momentum indicator RSI is trading at 56 and it is hitting higher highs which is positive sign for the prices.
BUY ALUMINIUM ABOVE 198 SL BELOW 197 TGT 199.50/200
Crude Oil
MCX Crude oil price is forming V shape recovery and price is expected to trade positively. Sustaining above 5380 would push the price higher towards 5450/5470 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullish sign for the prices.
BUY CRUDE OIL ABOVE 5380 SL BELOW 5330 TGT 5450/5470
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