Buy Crude Oil Around 5320 SL Below 5290 TGT 5350/5380 - Axis Securities
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Crude oil
Crude oil prices closed on a flat note in last trading session. On hourly chart strong support zone is seen around 5320 level as prices has bounced back from that level many times indicating demand zone for prices. Traders can buy Crude oil around 5320 level for the target of 5350 on intraday basis.
BUY CRUDE OIL AROUND 5320 SL BELOW 5290 TGT 5350/5380
GOLD
Gold prices edged higher in last trading sessoin and it closed above the strong resistance zone of 48350 level which is a positive sign for prices On hourly chart prices is trading above 9 and 20 days EMA and RSI is also above 60 level indicating high momentum in pirces. Traders can buy Gold on dips aound 48250 level mark for the taget of 48350 on intraday basis.
BUY GOLD AROUND 48250 SL BELOW 48150 TGT 48350/48550
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