Sell Zinc Around 242 Sl Above 243 TGT 241/240 - Axis Securities Ltd
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ZINC
Zinc prices edged higher in last trading session after prices failed to broke the strong support zone of 237 and edged higher around 240 level. Overall trend is looking sideways for prices as it is trading below upper bollinger band and RSI is also below 60 level indicating low momemtum in prices. Traders can sell Zinc around 242 levle for the taraget of 241 on intraday basis.
SELL ZINC AROUND 242 SL ABOVE 243 TGT 241/240
CRUDE OIL
Crude oil prices closed in red in last trading session. Prices has formed shooting star candlestick pattern on daily chart which is bearish reversal pattern. Traders can sell Crude oil around 5300 for the target of 5270 level on intraday basis
SELL CRUDE OIL AROUND 5300 SL ABOVE 5330 TGT 5270/5240
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