Buy Copper Around 754 SL Below 750 TGT 758 /762 - Axis Securities
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COPPER
Copper prices edged lower in last trading session and it closed around the strong support zone of 750 level. On hourly chart RSI is also trading around the strong support zone of 40 level. Today we are expecting a gap up opening due to fed meeting last night. Traders an buy Copper above 754 level as it also coeincides with 9 days EMA.
BUY COPPER AROUND 754 SL BELOW 750 TGT 758 /762
NATURAL GAS
Natural gas prices rallied higher in last trading sessin and it closed near 297 level. Overall trend is looking positive for prices as it is trading above 20 and 60 days EMA and RSI is also around 60 indicating high momemtum in prices.Traders can buy Natural gas around on dips around 294 for the target of 300 on intraday basis .
BUY NATURAL GAS AROUND 294 SL BELOW 291 TGT 297/300
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