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Buy Copper In The Range Of 747.80-747.30 SL Below 742 TGT 754/758 - Axis Securities
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Copper
MCX Copper price has given a bullish breakout from ascending triangle pattern, price is expected to trade positively. Sustaining above 747.80 would push the price higher towards 754/758 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 747.80-747.30 SL BELOW 742 TGT 754/758
Nickel
MCX Nickel price has given a bullish breakout from the descending triangle pattern, price is expected to trade positively. Sustaining above 1555 would push the price higher towards 1570/1575 levels intraday. The momentum indicator RSI is trading at 65 and it is forming higher highs which is a bullishness in the prices.
BUY NICKEL ABOVE 1555 SL BELOW 1545 TGT 1570/1575
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