Buy Aluminium in the Range of 210.50-210 SL BELOW 207 TGT 214/718 - Axis Securities
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COPPER
MCX Copper opened sharply lower with a downward gap and selling pressure throughout the session. The chart pattern suggests that if Copper breaks and sustains below 647 level it would witness selling which would drag It towards 640-635 levels. Important resistance for the day is placed at 670.
SELL COPPER BELOW 647 SL ABOVE 652 TGT 640/635
ALUMINIUM
MCX Aluminium opened with a downward gap and traded with volatility on either side and gained the bullish momentum at the end. Aluminium is trading above 60 hourly 5MA's indicating positive bias in the intraday. Aluminium continues to remainn an uptrend for the intraday, so buying on dips continues to be our preferred strategy.
BUY ALUMINIUM IN THE RANGE OF 210.50-210 SL BELOW 207 TGT 214/718
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