Buy Copper In The Range Of 760.20-759.70 Sl Below 755.50 TGT 766/770 - Axis Securities Ltd
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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