Buy Copper In The Range Of 653-654 SL BELOW 654 TGT 676/689 - Axis Securities
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Copper
MCX Copper opened on a flat note and buying momentum throughout the session. The daily strength indicator RS] is moving upwards and is above its reference line indicating positive bias. Copper continues to remain in an uptrend for the short term, so buying on dips continues to be our preferred strategy.
BUY COPPER IN THE RANGE OF 653-654 SL BELOW 654 TGT 676/689
Naturalgas
MCX Naturalgas opened with an upward gap and remained in positive terrain throughout the day. The chart pattern suggests that if Naturalgas crosses and sustains above 669 level it would witness buying which would push the price towards 685-690 levels.Important support for the day is around 625.
BUY NATURALGAS ABOVE 669 SL BELOW 658 TGT 685/690
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