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Crude Oil has bounced from oversold region but still one can go short near 5890 for tgt of 5750 - Tradebulls Securities Pvt Ltd
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Gold
Gold is highly volatile and is going through correction. Buy on dips near 75900 for tgt of 76400 and stoploss of 75700.
Crude Oil
Crude Oil has bounced from oversold region but still one can go short near 5890 for tgt of 5750 and stoploss of 5940.
Base Metals 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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