Buy Crudeoil Above 6000 SL Below 5920 TGT 6100/6150 - Axis Securities Ltd
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Crudeoil
MCX Crudeoil opened with a downward gap but witnessed buying in the first half of the session which pushed prices to day's high. The chart pattern suggests that if Crudeoil crosses and sustains above 6000 level it would witness buying which would push the price towards 6100-6150 levels. Important support for the day is around 5900.
BUY CRUDEOIL ABOVE 6000 SL BELOW 5920 TGT 6100/6150
Copper
MCX Copper opened on a flat note and buying momentum throughout the session let it trade near the day's high. The chart pattern suggests that if Copper crosses and sustains above 721 level it would witness buying which would push the price towards 727-731 levels. Important support for the day is around 716.
BUY COPPER ABOVE 721 SL BELOW 717 TGT 727/731
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