Buy Crude Oil In The Range Of 5088-5078 SL Below 5035 5150/5180 - Axis Securities
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Crude Oil
MCX Crude oil price has given a nave bullish breakout from a descending triangle pattern, price 15 expected to - ere trade positively. Sustaining above 5088 would push the price higher im towards 5150/5180 levels intraday. The momentum indicator RSI is trading at 61 and it is forming higher highs = S020 which is a bullish sign for the prices.
Buy Crude Oil In The Range Of 5088-5078 SL Below 5035 5150/5180
Nickel
MCX Nickel price is forming higher highs and higher lows, price is expectedto trade positively. Any above breakout 1495 would push the price higher towards 1510/1515 levels intraday. The price has been above trading 9,21&60 hourly EMA which is bullish a sign for the prices.
BUY NICKEL ABOVE 1495 SL ABOVE 1482 TGT 1510/1515
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