Buy Copper In The Range Of 760.20-759.70 Sl Below 755.50 TGT 766/770 - Axis Securities Ltd
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COPPER
MCX Copper price has given bullish recovery since ascending triangle pattern breakout, price is expected to trade positively. Sustaining above 760.20 would push the price higher towards 766/770 levels in intraday. The price has been trading above 60&100 hourly EMA which is bullish sign for the prices.
BUY COPPER IN THE RANGE OF 760.20-759.70 SL BELOW 755.50 TGT 766/770
CRUDE OIL
MCX Crude oil price has givena trendline breakout, price is expected to trade positively. Sustaining above 4890 would push the price higher towards 4960-4980 levels intraday. The momentum indicator RSI is trading at 65 it shows bullishness in the prices.
BUY CRUDE OIL ABOVE 4890 SL BELOW 4840 TGT 4960/4980
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