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Crude Oil can now be bought around current levels with target of 6090 and stoploss of 5980 - Tradebulls Securities Pvt Ltd
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Gold
Gold is near above 50 and 20 day moving average. Sell on rise near 61300 for tgt of 30800 and stoploss of 61500
Crude Oil
Crude Oil can now be bought around current levels with target of 6090 and stoploss of 5980. Risk/reward ratio shows fresh short should be avoided.
Base Metals Updates
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Nickel and Aluminum continues to outperform.
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