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Silver

MCX Silver price has given a bullish breakout, price is expected to tradepositively. Sustaining above 62100 would push the price higher towards 62800/63500levels intraday. The price has startedtrading above 9,21&60 hourly EMA whichis a bullishness in the prices.

BUY SILVER IN THE RANGE OF 62100-62000 SL BELOW 61500 TGT 62800/63500

Crude Oil

MCX Crude oil price has given a negative breakout from rising trend line channels, price is expected to trade negatively. Sustaining below 6620 would drag the price lower towards 6540/6500 levels in intraday. The price has started trading below 60 hourly EMA which is a negative sign for the prices.

SELL CRUDE OIL BELOW 6620 SL ABOVE 6680 TGT 6540/6500

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