Buy Copper ABOVE 747.50 SL BELOW 743 TGT 753/757 - Axis Securities
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SILVER
MCX Silver price is trading higher since falling trend line breakout, price is expected to trade positively. Any small correction near 63000 can be used for buying for the upside ih movement of 64000/64400 levels in intraday.The price has started trading above 9,21&60 hourly EMA which is a bullishness in the prices.
BUY SILVER IN THE RANGE OF 63000-62900 SL BELOW 62300 TGT 64000/64400
COPPER
MCX Copper price is trading near the resistance of ascending triangle pattern, price is expected to trade positively. Any breakout above 747.50 would push the price higher towards 753/757 levels intraday. The momentum indicator RSI] is trading at 56 and it is forming higher highs which is a bullishness in the prices.
BUY COPPER ABOVE 747.50 SL BELOW 743 TGT 753/757
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