Buy Crudeoil Above 9330 SL Below 9200 TGT 9380/9450 - Axis Securities
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Silver
MCX Silver opened on a positive note and extended buying momentum in the first half. The chart pattern suggests that if Silver crosses and sustains above 63000 level it would witness buying which would push It towards 64000-64500 levels. Important support for the day is around 62300.
BUY SILVER ABOVE 63000 SL BELOW 62300 TGT 64000/64500
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 9330 SL BELOW 9200 TGT 9380/9450
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