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Crudeoil

MCX Crudeoil opened on a flat note and remained in a small range throughout the day. The chart pattern suggests that if Crudeoil breaks and sustains below 6600 level it would witness selling which would drag the price towards 6500-6460 levels. Important resistance for the day is placed at 6750.

Sell Crudeoil below 6600 SL above 6680 TCT 6500/6460

Zinc

MCX Zinc opened with an upward gap and remained in positive terrain throughout the day. The chart pattern suggests that if Zinc crosses and sustains above 258.50 level it would witness buying which would push the price towards 261-262 levels. Important support for the day is around 253.

Buy Zinc above 258.50 SL below 256.50tct 261/262

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