MENU

Published on 17/11/2020 5:42:30 PM | Source: Axis Securities Ltd

Sell Copper In The Range Of 546.10 - 546.60 SL Above 548.30 TGT 543.50/542 - Axis Securities

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

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel  https://t.me/InvestmentGuruIndia 

Download Telegram App before Joining the Channel

Copper

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

 

Nickel

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

 

To Read Complete Report & Disclaimer Click Here

 

For More Axis Securities Disclaimer  https://simplehai.axisdirect.in/disclaimer-home
SEBI Registration number is INZ000161633

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer