2024-12-18 12:05:54 pm | Source: Tradebulls Securities Pvt Ltd
Crude Oil has bounced seen good recovery but 6050 is strong hurdle so sell on rise near 6025 for tgt of 5950 and stoploss of 6075 - Tradebulls Securities Pvt Ltd
Gold
Gold is now coming into xmas season and so range will get constrained this week after US Fed rate cut. Buy on dips near 76600 for tgt of 77200 and stoploss of 76400.
Crude Oil
Crude Oil has bounced seen good recovery but 6050 is strong hurdle so sell on rise near 6025 for tgt of 5950 and stoploss of 6075.
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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