06-01-2023 05:20 PM | Source: Axis Securities Ltd
Buy Copper Above 718 SL Below 713 TGT 725/730 - Axis Securities
News By Tags | #5481 #473

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Copper

MCX Copper opened with an upward gap and remained in positive terrain throughout the day. The chart pattern suggests that if Copper crosses and sustains above 718 level it would witness buying which would push the price towards 725-730 levels.Important support for the day is around 711.

BUY COPPER ABOVE 718 SL BELOW 713 TGT 725/730

 

Naturalgas

MCX Naturalgas opened on a flat note and remained in a small range throughout the day. The chart pattern suggests that if Naturalgas breaks and sustains below 186 level it would witness selling which would drag the price towards 180-176 levels.Important resistance for the day is placed at 192.

SELL NATURALGAS BELOW 186 SL ABOVE 190 TGT 180/176

 

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