01-01-1970 12:00 AM | Source: Axis Securities Ltd
Buy Crudeoil Above 7280 SL Below 7150 TGT 7450/7500 - Axis Securities
News By Tags | #5481 #473

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Crudeoil

MCX Crudeoil opened with an upward gap and remained lackluster within a narrow trading range throughout the day. The daily strength indicator RSI is moving upwards and is above its reference line indicating positive bias. Crude Oil continues to remain in an uptrend for the short term, so buying on dips continues to be our preferred strategy.

BUY CRUDEOIL ABOVE 7280 SL BELOW 7150 TGT 7450/7500

 

COPPER

MCX Copper opened with a downward gap and remained volatile on either side. The chart pattern suggests that if Copper crosses and sustains above 666 level it would witness buying which would push the price towards 672-677 levels. Important support for the day is around 655.

BUY COPPER ABOVE 666 SL BELOW 661 TGT 672/677

 

 

To Read Complete Report & Disclaimer Click Here
 

For More Axis Securities Disclaimer  https://simplehai.axisdirect.in/disclaimer-home

SEBI Registration number is INZ000161633

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer