Oil climbs to one-week high on U.S. supply concerns - Swastika Investmart Ltd
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News in headlines:
Oil climbs to one-week high on U.S. supply concerns
Oil Extends Advance as U.S. Supply Is Slow to Return After Ida
U.S. drillers add oil and gas rigs for fifth week in six – Baker Hughes
Chart of the day:
ZINC: ZINC is continuing Its bullish momentum and there are no signal of weakness where 260 is an immediate target level. On the downside 252 intraday and immediate support level. While below 249 lead further weakness toward 247-245.
Technical View:
Bullion: Day trend is indicating sideways move in Gold and Silver.
Energy: Day trend is indicating resistance in Crude oil. And Natural gas on uptrend.
Base metals: Day trend in base metal is indicating bullish move.
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