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Gold is witnessing strong upmove and is looking overstretched - Tradebulls Securities Pvt Ltd
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Gold
Gold is witnessing strong upmove and is looking overstretched. Buy on dips near 77800 for tgt of 78500 and stoploss of 77400
Crude Oil
Crude Oil has reached oversold region and now one can buy around 5650 for tgt of 5900 and stoploss of 5500.
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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