Buy Copper in the range of 753.80-753.30 SL below 749 TGT 758.50/763 - Axis Securities
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COPPER
MCX Copper price has formed several supports near 751 and failing to break, price is expected to trade positively. Any breakout above 753.80 would push the price higher towards 758.50/763 levels intraday. The price has been trading above 20,60&100 hourly EMA which is a bullishness in the prices.
BUY COPPER IN THE RANGE OF 753.80-753.30 SL BELOW 749 TGT 758.50/763
NICKEL
MCX Nickel price is trading near the resistance of the pennant pattern, Price is expected to trade positively. Any breakout above 1625 would push the price higher towards 1640/1650levels intraday. The price has been trading above 60&100 hourly EMA which is a bullishness in the prices.
BUY NICKEL ABOVE 1625 SL BELOW 1615 TGT 1640/1650
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