Sell Crudeoil Oil Around 6260 SL Above 6290 TGT 6230/6200 - Axis Securities
CRUDE OIL
Crude oil prices traded volatile in last trading session and it closed in green around 6206 level. Prices rallied higher after it broke the resistance zone of 6160 and closed around 6206 on intraday basis. On hourly stronng resistnace zone is seen around 6260 level. Breakout above the mentioned level may push prices higher towarsd 6300 or else it will continue to trade in a mentioned range between 6260 and 6160 leve
SELL CRUDE OIL AROUND 6260 SL ABOVE 6290 TGT 6230/6200
COPPER
Copper prices closed on a flat note in last trading session after prices failed to sustain higher near 746 level and closed around 736 level. We expect prices to continue to trade in a range between 730 and 746 level as long as 730 level is intact on the lower side. Any dips around 732 is a good buying opporunity in Copper for the target of 735 level.
BUY COPPER AROUND 732 SL BELOW 729 TGT 735/738
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