Contact Us | Log In
Search
Sensex: 33463 +216.30 Gold: Rs.28270.00
Nifty: 10333.2 +81.10 Silver: Rs.37230.00
MCX Crude Oil December: Buy around 3766 for target of 3880 - IndiaNotes.com
MCX Crude Oil December: Buy around 3766 for target of 3880
Way2wealth | Published: 24 Nov, 2017  | Source : IndiaNotes.com
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.

About Way2wealth

Way2Wealth today has established itself as one of India’s ‘Premier Investments Consultancy Firms’, known for making investing simpler, more understandable and profitable for the investors. They offer a wide range of products & services viz: Equity, Derivatives, Currency Futures, Commodities Trading, IPO's, Mutual Funds, Portfolio Management Services & Depository Services.

 

For more information please write in to editor@indianotes.com

Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor IndiaNotes.com accept any liability whatsoever arising from the use of any of the above contents.