Crude oil is below 200 DMA so sell on rise near 6750 for tgt of 6650 and stoploss of 6850 - Tradebulls Securities Pvt Ltd
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GOLD
Gold is consolidating now that it is near to overbought zone, sell on rise is recommended near 60700 for tgt of 60000 and stoploss of 61000.
CRUDE OIL
Crude Oil is looking at some profit booking. Crude oil is below 200 DMA so sell on rise near 6750 for tgt of 6650 and stoploss of 6850.
BASE METAL UPDATES
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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