Crude Oil is trying to recover after sharp sell off - Tradebulls Securities Pvt Ltd
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Gold
Gold is witnessing strong upmove and is looking overstretched. Buy on dips near 72850 for tgt of 73500 and stoploss of 72500. Maintain strict stoploss.
Crude Oil
Crude Oil is trying to recover after sharp sell off. Any recovery is very weak but buy on dips near 5780 for tgt of 5900 and stoploss 5730.
BASE METAL 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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