Sell Crudeoil Below 6720 SL Above 6820 TGT 6600/6550 - Axis Securities
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Copper
MCX Copper opened with an upward gap and remained in positive terrain throughout the day. The chart pattern suggests that if Copper crosses and sustains above 712 level it would witness buying which would push the price towards 717-720 levels. Important support for the day is around 708.
BUY COPPER ABOVE 712 SL BELOW 708 TGT 717/720
Crudeoil
MCX Crudeoil opened on a flat note and remained in small range throughout the day.The chart pattern suggests that if Crudeoil breaks and sustains below 6720 level it would witness selling which would drag the price towards 6600-6550 levels. Important resistance for the day is placed at 6850.
SELL CRUDEOIL BELOW 6720 SL ABOVE 6820 TGT 6600/6550
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