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Silver

MCX Silver opened with an downward gap but witnessed buying in the secound half of the ssession which pushed prices to day's high. The chart pattern suggests that if silver crosses and sustains above 89500 level it would witness buying which would push the price towards 90200- 90900 levels. Important support for the day is around 88700.

BUY SILVER ABOVE 89500 SL BELOW 88900 TGT 90200/90900

Crudeoil

MCX Crudeoil opened on a flat note and witnessed extreme volatility on either side for most part of the session. The chart pattern suggests that if Crudeoil crosses and sustains above 6760 level it would witness buying which would push the price towards 6900-6970 levels. Important support for the day is around 6700.

BUY CRUDEOIL ABOVE 6760 SL BELOW 6650 TGT 6900/6970

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