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ALUMINIUM

Aluminium prices traded sideways in last session and ended the day on a negative note. On hourly chart prices is facing strong resistance near 197.6 level. As on hourly chart we have observed negative divergence in price with RSI. Tradres can sell Aluminium near the mentioned level for the target of 196.6 level on intraday basis.

SELL ALUMINIUM AROUND 197.6 SL ABOVE 198.6 TGT 196.6/195.5

CRUDE OIL

Crude oil prices closed on a flat note in last trading session near 4870 level. Prices is sustaining above 4850 level from last few days and on hourly chart price is trading above 20 and 60 days EMA on hourly chart. Traders can buy Crude oil around 4860 level for the target of 4890 level on intraday basis.

BUY CRUDE OIL AROUND 4860 SL BELOW 4830 TGT 4890/4920

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