Buy Gold Above 61400 SL BELOW 61200 TGT 61700/61900 - Axis Securities
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Gold
MCX Gold opened with a downward gap but witnessed buying in the second half of the session which pushed prices to day`s high.The chart pattern suggests that if Gold crosses and sustains above 61400 level it would witness buying which would push the price towards 61700-61900 levels.Important support for the day is around 60800.
BUY GOLD ABOVE 61400 SL BELOW 61200 TGT 61700/61900
Crudeoil
MCX Crudeoil opened on a flat note and remained in a small range throughout the day.The chart pattern suggests that if Crudeoil crosses and sustains above 6510 level it would witness buying which would push the price towards 6600-6670 levels.Important support for the day is around 6400.
BUY CRUDEOIL ABOVE 6510 SL BELOW 6450 TGT 6600/6670
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