Powered by: Motilal Oswal
2024-10-01 11:52:38 am | Source: Tradebulls Securities Pvt Ltd
Gold is witnessing strong upmove and is looking overstretched - Tradebulls Securities Pvt Ltd

Gold

Gold is witnessing strong upmove and is looking overstretched. Buy on dips near 74850 for tgt of 75200 and stoploss of 74600. Maintain strict stoploss.

 

Crude Oil

Crude Oil is trying to recover after sharp sell off. Any recovery is very weak so buy on dips near 5650 for tgt of 5850 and stoploss 5600.

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

 

Please refer disclaimer at https://www.tradebulls.in/disclaimer

SEBI Registration number is INZ00017183

 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here