01-01-1970 12:00 AM | Source: Axis Securities Ltd
Buy Crudeoil Above 6170 SL Below 6070 TGT 6300/6370
News By Tags | #5481 #473

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MCX Crudeoil opened on a flat note and buying momentum throughout the session let it trade near the day's igh. The chart pattern suggests that if Crudeoil crosses and sustains above 6170 level it would witness buying which would push the price towards 6300-6370 levels. Important support for the day is around 6100.

MCX Aluminium opened with adownward gap but witnessed buying in the second half of the session. The chart pattern suggests that if Aluminium crosses and sustains above level it would witness - 208.50 buying which would push the price towards 210-211 levels. Important sors support for the day is around 207.

 

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