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Published on 18/08/2022 4:39:14 PM | Source: Axis Securities Ltd

Buy Copper In The Range Of 666.30_665.80 Sl Below 657 Tgt 677/685 - Axis Securities

Posted in Commodities Reports| #Commodity Tips #Axis Securities Ltd

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copper

mcx copper opened on a flat note and buying momentum seen in the second part of the session . on the hourly chart copper is trading above 20 and 60 hourly SMA's indicating positive bias in the intraday .copper continous to remain in an uptend for the shot term , so buying on dips continues to be our preferred strategy .

BUY COPPER IN THE RANGE OF 666.30_665.80 SL BELOW 657TGT 677/685

 

Crudeoil 

MCX crudeoil opened wiyh an upward gap and
remained in positive terrain throughout the day . one the daily chart it has formed a small bullish candle with shadows on either side representing extreme volatality as well as indecisiveness amongst participants regarding the direction 

BUY CRUDEOIL ABOVE 7150 SL BELOW 7000 TGT 7350/7430

 

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