Buy Copper Above 732 SL Below 728 TGT 737/740 - Axis Securities
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Copper
MCX Copper price has given a bullish breakout from symmetrical triangle pattern, price is expected to trade positively. Sustaining above 732 would push the price higher towards 737/740 levels intraday. The momentum indicator RSI is trading at 56 and it is forming higher highs hich is a positive sign for the prices.
BUY COPPER ABOVE 732 SL BELOW 728 TGT 737/740
Nickel
MCX Nickel price has given a bullish breakout from ascending triangle pattern, price is expected to trade positively. Sustaining above 1430 would push the price higher towards 1443/1450 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullish sign for the prices.
BUY NICKEL ABOVE 1430 SL BELOW 1420 TGT 1443/1450
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