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MCX Crude Updates
The daily price chart suggest that prices have reversed after taking resistance at 5350 levels. RSI has given a negative crossover and prices are trading below short term averages.
We recommend a sell around 5300 levels with a stop loss placed above 5360 levels for a target of 5140 level.
MCX Copper Updates
The daily price chart suggest that prices are trading near a crucial resistance of 434. Stochastic has given a negative crossover and prices are trading below short term averages. Immediate support is at 429 levels.
We recommend a sell below 429 levels with a stop loss placed above 440 levels for a target of 415 levels.
