MCX Copper price is seeing sort of correction after having rally, price is expected to trade negatively. Sustaining below 546.10 would push the price lower towards 543.50/542 levels in intraday. The tum indicator RSI is trading at 50 it is forming lower lows and lower ighs which is a bearish sign for the prices.
Sell Copper In The Range Of 546.10 - 546.60 SL Above 548.30 TGT 543.50/542
MCX Nickel price has given negative breakout from rising trend line channel, price is expected to trade negatively. Any breakdown below 1180 would push the price lower towards 1170/1165 levels in intraday. rice has started trading below 60 hourly iy EMA which which isa is a bearish sign for the prices.
SELL NICKEL BELOW 1180 SL ABOVE 1186 TGT 1170/1165
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