Buy Crude Oil Above 5980 Sl Below5930 TGT 6050/6080 - Axis Securities
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Crude Oil
MCX Crude oil price is trading near the resistance level, price is expected to trade positively. Any breakout above 5980 would push the price higher towards 6050/6080 levels intraday. The price has been trading above 9,21&60 hourly EMA which is a bullishness in the prices.
BUY CRUDE OIL ABOVE 5980 SL BELOW 5930 TGT 6050/6080
Natural Gas
MCX Natural gas price is trading near the resistance of inside the symmetrical triangle pattern, price is expected to trade positively. Sustaining above 290 would push the price higher towards 304/310 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullishness in the prices.
BUY NATURAL GAS IN THE RANGE OF 291-290 SL BELOW 279 TGT 304/310
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