Buy Nickel Above 1440 SL Below 1435 TGT 1445/1450 - Axis Securities
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Crude oil
Crude oil prices closed on a flat note in last trading session. On hourly chart strong resistance zone is seen around 5400 level. Also prices has closed above 9 and 20 days EMA which is a positive sign for prices. Traders can buy Crude oil above 5400 level for the target of 5430 on intraday basis.
BUY CRUDE OIL ABOVE 5400 SL BELOW 5370 TGT 5430/5460
Nickel
Nickel prices edged higher in last trading session after prices broke the strong resistance zone of 1420 and closed around 1435 level on intaday basis. Moreover prices is also trading above 9 and 20 days EMA and RSI is also above 60 level indicating high momemtum in prices. Traders can buy Nickel above 1440 level for the target of 1445 on intraday basis.
BUY NICKEL ABOVE 1440 SL BELOW 1435 TGT 1445/1450
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