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CRUDE OIL

Crude oil prices closed on a flat note in last trading session after prices failed to close near the day's high. On hourly chart pirces has formed dark cloud cover followed by a red candle which indicate that prices may correct going further. Any rally towards 5460 can be used as an selling opportunity for the target of 5430 level on intraday basis.

SELL CRUDE OIL AROUND 5460 SL ABOVE 5490 TGT 5430/5400

SILVER

Silver prices closed on a flat note in last trading session. Prices failed to sustain near the day's high and it closed around 67900 level. Strong support zone is seen neear 67700 level where prices has taken multiple support and it is also trading above 20 days EMA. Traders can buy near the mentioned support level for the target of 68000 level on intraday basis.

BUY SILVER AROUND 67700 SL BELOW 67400 TGT 68000/68300

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