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Sell Crude Oil Below 6200 Sl Above 6250 TGT 6130/6100 - Axis Securities
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Natural Gas
MCX Natural gas price is trading under pressure since consolidation support breakout, price is expected to trade negatively. Sustaining below 293.30 would drag the price lower towards 281/276 levels in intraday. The 100 hourly EMA has crossed over 60 hourly EMA which is a negative 292 297 sign for the prices.
SELL NATURAL GAS IN THE RANGE OF 292.30-293.30 SL ABOVE 300 TGT 281/276
Crude Oil
MCX Crude oil price has given a " negative breakout, price is expected to eee trade negatively. Sustaining below pee 6200 would drag the price lower Lo towards 6130/6100 levels intraday. The|s 4 price has started trading below 8208 9,21&60 hourly EMA which is a bearishness in the prices.
SELL CRUDE OIL BELOW 6200 SL ABOVE 6250 TGT 6130/6100
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