Base metals are trading mixed as yesterday`s weak European PMI was negative for base metals - Tradebulls Securities Pvt Ltd
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Gold
Gold is trading positive. Today we might continue to see positive movement so buy on dips near 72700 for tgt of 73200 and stoploss of 72500
Crude Oil
Crude Oil has started recovering again. Only below 6500 can we see any serious correction. Sell on rise near 6890 for tgt of 6700 and stoploss of 6950.
Base Metal Update
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Nickel continues to outperform while Aluminum continues to underperform.
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