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Crude Oil

MCX Crude oil price has given a negative breakout from the consolidation range, price is expected to trade negatively. Sustaining below 5130 would drag the price lower towards 5070/5040 levels intraday. The price has started trading below 9,21&60 hourly EMA which is a bearishness in the prices.

SELL CRUDE OIL BELOW 5130 SL ABOVE 5180 TGT 5070/5040

Nickel

MCX Nickel price has formed a a double bottom pattern, price is expected to trade positively. Any  breakout above 1530 would push the . asso price higher towards 1545/1555 levels  asas intraday. The price has well formed | yea0 support at 1515 and pulled back | sens which shows accumulation in the mentioned levels.

BUY NICKEL ABOVE 1530 SL BELOW 1520 TGT 1545/1555

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