Buy Copper In The Range Of 738.10-737.90 SL Below 733 TGT 744/750 - Axis Securities
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COPPER
MCX Copper price is trading near the resistance levels, price is expected to trade positively. Sustaining above 738 would push the price higher towards 744/750 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullishness in the prices.
BUY COPPER IN THE RANGE OF 738.10-737.90 SL BELOW 733 TGT 744/750
NICKEL
MCX Nickel price has given a bullish breakout from strong resistance levels, price is expected to trade positively. Sustaining above 1580 would push the price higher towards 1595/1600 levels intraday. The momentum indicator RSI is trading at 74 it is forming higher highs formation which is a bullishness in the prices.
BUY NICKEL ABOVE 1580 SL BELOW 1570 TGT 1595/1600
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