Buy Silver Around 70600 SL Below 70300 TGT 70900/71200 - Axis Securities
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CRUDE OIL
Crude oil prices edged higher in last trading session and closed around 8335 level. On hourly chart strong resistance in prices seen around 8450 level as well as it is trading below 60 days EMA which is a negative sign for prices. Traders can sell Crude oil around 8450 level for the target of 8420 on intraday basis.
SELL CRUDE OIL AROUND 8450 SL ABOVE 8480 TGT 842/8380
SILVER
Silver prices edged higher in last trading session and it closed around 70370 level. On hourly chart prices is trading above 60 and 20 days EMA which is a positive sign for prices. Traders may buy silver above 70600 for the target of 70900 on intraday basis.
BUY SILVER AROUND 70600 SL BELOW 70300 TGT 70900/71200
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