Sell Crude Oil Below 9200 SL Above 9350 TGT 9000/8950 - Axis Securities
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Crude Oil
MCX Crude oil has given a negative breakout from rising trend line, price is expected to trade negatively. Sustaining below 9200 would drag the price lower towards 9000/8950 levels intraday. The price has started trading below 9&21 hourly EMA which is bearishness in the prices.
SELL CRUDE OIL BELOW 9200 SL ABOVE 9350 TGT 9000/8950
Zinc
MCX Zinc price is trading near the strong support levels, price is expected to trade negatively. Sustaining below 323 would drag the price lower towards 317/315 levels intraday. The price has started trading below 9,21&60 hourly EMA which is a bearishness in the prices.
SELL ZINC BELOW 323 SL ABOVE 326 TGT 317/315
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