Buy Aluminium Above 2712.50 SL Below 210.50 TGT 215/217 - Axis Securities
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COPPER
MCX Copper opened with an upward gap and remained lackluster within a narrow trading range throughout the day. The hourly strength indicator RSI is moving upwards and is above its reference line indicating positive bias. Copper is trading above 50 hourly SMA's indicating bullishness hourly SMA's indicating bullishness .
BUY COPPER ABOVE 654 SL BELOW 648 TGT 661/666
ALUMINIUM
MCX Aluminium opened with an upward gap and remained in positive terrain throughout the day. The chart pattern suggests that if Aluminium crosses and sustains above 212.50 level it would witness buying which would push It towards 215-217 levels. Important support for the day is around 208.
BUY ALUMINIUM ABOVE 2712.50 SL BELOW 210.50 TGT 215/217
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