Buy Copper Above 774 SL Below 769 TGT 780/784 - Axis Securities
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Copper
MCX Copper price is trading higher since consolidation breakout, price is expected to trade positively. Sustaining above 774 would push the price higher towards 80/784 levels intraday. The hourly momentum indicator RSI is trading at 84 and it is forming higher highs which is a bullishness in the prices.
BUY COPPER ABOVE 774 SL BELOW 769 TGT 780/784
Natural Gas
MCX Natural Gas price has given a negative breakout from strong support, 380 price is expected to trade negatively. Sustaining below 299 would drag the price lower towards 290/285 levels in intraday. The price has been trading below 9,21&60 ,hourly EMA which is a bearishness in the prices.
SELL NATURAL GAS BELOW 299 SL ABOVE 304 TGT 290/285
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