Sell silver Below 57200 Sl Above 57700 Tgt 56500/56000 - Axis Securities
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crudeoil
mcx crudeoil opened with an upward gap and witnessed selling for the first part of the session the deaily strenght indicator RSI is moving downward and is quating below is refernce line indicating nagative bias . crudeoil continues to remain in a downtrend in the intraday , so selling on rallies contineus to be our praferred strategy .
Sell Crudeoil in the range of 6890-6900 Sl Above Tgt 6760/6680
silver
MCX silver opened with an upward gap and remained lackluster within a narrow trading range throughout the day . the chart pattern suggests that if silver breaks and sustains below 57200 level it would witness selling which would drag it toward 56500-56000 level . important resistance for the day is placed at 58000
Sell silver Below 57200 Sl Above 57700 Tgt 56500/56000
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