Crude Oil has bounced and breached its hurdle of 6050 - Tradebulls Securities Pvt Ltd
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Gold
Gold is sideways with low volume. Range will be constrained this week. Buy on dips near 76800 for tgt of 77300 and stoploss of 76600.
Crude Oil
Crude Oil has bounced and breached its hurdle of 6050. So now it looks positive and buy on dips near 6120 for tgt of 6225 and stoploss of 6080.
Base Metals
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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