IGI Logo

GOLD

 MCX Gold price is trading near strong resistance level, price is expected to trade positively. Any breakout above 47450 would push the price higher towards 47700/47900 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullish sign for the prices.

BUY GOLD ABOVE 47450 SL BELOW 47300 TGT 47700/47900

CRUDE OIL

MCX Crude oil price is trading inside the pennant pattern, price remains to trade higher. Any breakout above 5650 would push the price higher towards 5720/5750 levels intraday. The price has been trading above 9,21&60 hourly EMA which is a bullish sign for the prices.

BUY CRUDE OIL ABOVE 5650 SL BELOW 5600 TGT 5720/5750

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