Sell Crude Oil Around 3870 SL ABOVE 3910 TGT 3830/3800 - Axis Securities Ltd
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NICKEL
Nickel prices traded volatile in last trading session. On hourly chart prices closed above 20 days EMA which is a positive sign for prices. Immediate support zone in Nickel can be seen around 1290. Traders can buy Nickel around 1290 level for the target of 1293 level on intraday basis.
BUY NICKEL AROUND 1290 SL BELOW 1287 TGT 1293/1296
CRUDE OIL
Crude oil prices traded volatile in last trading session. On hourly chart prices has broke the upward sloping trendline and has given a daily close below that level which is a negative sign for prices. Moreover on hourly chart prices also closed below 9 and 20 days EMA which indicate bearishness in prices. Traders can sell Crude oil on rise around 3870 level for the target of 3830 level on intraday basis.
SELL CRUDE OIL AROUND 3870 SL ABOVE 3910 TGT 3830/3800
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