Buy Copper Above 643 Sl Below 638 Tgt 650/655 - Axis Securities
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Silver
MCX Silver opened with a downward gap but witnessed buying from the opening to trade positively. The chart pattern suggests that if Silver crosses and sustains above 53700 level it would witness buying which would push the price towards 54500-55000 levels. Important support for the day is around 53000.
BUY SILVER ABOVE 53700 SL BELOW 53200 TGT 54500/55000
Copper
MCX Copper opened sharply lower with a downward gap but witnessing buying momentum at lower levels erased most of the earlier losses to trade near the day's high. The chart pattern suggests that if Copper crosses and sustains above 643 level it would witness buying which would push the price towards 650-655 levels. Important support for the day is around 635.
BUY COPPER ABOVE 643 SL BELOW 638 TGT 650/655
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