Buy Copper Above 744 SL Below 740 TGT 750/753 - Axis Securities
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Copper
MCX Copper price is trading inside the ascending triangle pattern, price is expected to trade positively. Any breakout above 744 would push the price higher towards 750/753 levels intraday. The price is trading above 60&100 hourly EMA which is a bullishness in the prices.
BUY COPPER ABOVE 744 SL BELOW 740 TGT 750/753
Zinc
MCX Zinc price is trading near the strong resistance zone, price is expected to trade positively. Any breakout above 279 would push the price higher towards 283/284 levels intraday. The momentum indicator RS] is trading at 70 and it is forming higher highs which is a bullishness in the prices.
BUY ZINC ABOVE 279 SL BELOW 276 TGT 283/284
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