Buy Crude Oil Around 5150 Sl Below 5120 TGT 5180/5220 - Axis Securities Ltd
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COPPER
Copper prices rallied higher in last trading session after prices closed broke the storng resistance zone of 743 and touched 755 level on intrladay basis. Short term trend is looking positive for prices as iti is trading above 20 and 60 days EMA and RSI is also above 60 level indicating high momemtum in prices. Traders can buy Copper around 744 for the target of 747 on intraday basis.
BUY COPPER AROUND 744 SL BELOW 741 TGT 747/750
CRUE OIL
Crude oil prices traded volatile in last trading session , it closed on a positive note near 51280 level. On hourly chart it broke and closed above the immediate resistance zone of 5150 level which is a positive sign for prices. Traders can buy Crude oil around 5150 for the target of 5180 on intraday basis
BUY CRUE OIL AROUND 5150 SL BELOW 5120 TGT 5180/5220
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