Buy Copper Above 718 Sl Below 714 TGT 723/726 - Axis Securities Ltd
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SILVER
MCX Silver price is trading near the resistance of inside the inside lidationTange, Price is expected to trade positively. Any breakout above 68100 would push the price higher towards 68900/69300 levels intraday. The hourly momentum indicator RSI is trading at 52 and it is forming higher highs which is positive sign for the Prices.
BUY SILVER ABOVE 68100 SL BELO 67600 TGT 68900/69300
COPPER
MCX Copper price is trading inside the rising channel, price is expected to trade positively. Any breakout above 718 would push the price higher towards 723/726 levels in intraday. The price has started trading above 9,21&60 hourly EMA which is bullish sign for the prices.
BUY COPPER ABOVE 718 SL BELOW 714 TGT 723/726
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