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Crude oil

MCX Crude oil price is trading inside the rising trend line channel, price is expected to trade positively. Any breakout above 6320 would push the price higher towards 6400/6450 levels intraday. The price has been trading above 60&100 hourly EMA which is a bullishness in the prices 

BUY CRUDE OIL ABOVE 6320 SL BELOW 6270 TGT 6400/6450

Nickel

MCX Nickel price is trading near the strong support of the consolidation range, price is expected to trade negatively. Any breakdown below 1490 would drag the price lower towards 1475/1470 levels in intraday. he price has been trading below 9,21&60 hourly EMA which is a bearishness in the prices.

SELL NICKEL BELOW 1490 SL ABOVE 1500 TGT 1475/1470

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