Buy Crude Oil Around 4650 SL BELOW 4620 TGT 4680/4730 - Axis Securities
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LEAD
Lead prices edged higher in last trading session after it broke the intermediate resistance zone of 165 and touched 166 level on intraday basis. Overall trend is looking positive for prices as on hourly chart RSI is above 60 level and it is trading above 20 and 60 days EMA. Traders can buy Lead around 165 for the target of 166 on intraday basis
BUY LEAD AROUND 165 SL BELOW 164 TGT 166/167
CRUDE OIL
Crude oil prices edged higher in last trading session after prices broke the strong resistance zone of 4650 and rallied almost 4 percent and closed around 4750 level on intraday basis. On hourly chart prices is trading above 20 and 60 days EMA and RSI is also above 60 level indicating high momemtum in prices. Traders can buy Crude oil around 4650 level for the target of 4680 on intraday basis.
BUY CRUDE OIL AROUND 4650 SL BELOW 4620 TGT 4680/4730
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