MCX Crude Oil price moved up higher as it sustained above previous consolidation on the hourly chart. The daily RSI is in positive crossover. The bias is likely to remain positive as long as price stays above 4600. On the higher end price may move towards 4900.
MCX Copper price started higher but remained volatile before ending around previous closing. On the daily chart, price sustained above previous swing high. Daily RSI is in negative crossover. The trend may remain positive as long as it sustains above 755. On the higher end resistance seen at 770.