Buy Copper Around 780 SL Below 777 TGT 783/787 - Axis Securities
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COPPER
Copper prices gave a gap up opening in last trading session and it rallied higher up till 800 level. Overall trend is bullihsh for prices as it is trading above 9 and 20 days EMA and RSI is also above 60 level which indicate that momemtum is strong for prices. Any dips around 780 level may be used as an buying opportunity for the target of 783 on intraday basis.
BUY COPPER AROUND 780 SL BELOW 777 TGT 783/787
LEAD
Lead prices finally gave a breakout above 186 level after trading in a tight range from last few days. Overall trend is bullish for prices as it is trading above 9 and 20 days EMA. Morever RSI is also above 60 level which indicate that momemtum is strong for prices. Traders can buy Lead on dips around 188 level for the target of 189 on intraday basis
BUY LEAD AROUND 188 SL BELOW 187 TGT 189/191
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