Sell Zinc Below 267 SL Above 269 TGT 264/262 - Axis Securities
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Crudeoil
MCX Crudeoil opened with an upward gap and remained in positive terrain throughout the day. The chartpattern suggests that if Crudeoil crosses and sustains above 6620 level it would witness buying which would push the price towards 6750-6800 levels. Important support for the day is around 6400.
BUY CRUDEOIL ABOVE 6620 SL BELOW 6540 TGT 6750/6800
Zinc
MCX Zinc opened on a flat note and witnessed selling for most part of the session. The chart pattern suggests that if Zinc breaks and sustains below 267 level it would witness selling which would drag the price towards 264-262 levels. Important resistance for the day is placed at 270.
SELL ZINC BELOW 267 SL ABOVE 269 TGT 264/262
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