Crude oil prices continued to move higher for second session by breaching the immediate high of 3765 and settled at 3802. Prices are moving within the rising trend channel and closing above the previous high has fuelled the bullish sentiment. Thus, we recommend buying around supports of 3766 for targets of 3880 levels.
MCX COPPER NOVEMBER
After breaching the resistance of the flag pattern, copper prices retested the upper band support and reverted back higher and ended at 449.00 mark. On the immediate basis the prices are likely to extend till 452, and surpass above that will provide further strength to the prices. Thus, we advise buying around 447 for upside targets of 452 then 458.
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