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SILVER

MCX Silver price has given a bullish breakout, price is expected to trade positively. Sustaining above 68200 next leg of the rally would push the price higher towards 68800/69200 levels in intraday. The price has been trading above 60&100 hourly EMA which is a bullish sign for the prices.

BUY SILVER ABOVE 68200 SL BELOW 67800 TGT 68800/69200

CRUDE OIL

MCX Crude oil price traded higher in the last trading session after bullish breakout, price remains to trade positively. Sustaining above 4740 next leg of the rally would push the price higher towards 4800/4820 in coming sessions. The hourly momentum indicator RSI is trading at 64 it shows bullishness in the prices.

BUY CRUDE OIL ABOVE 4740 SL BELOW 4690 TGT 4800/4820

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