Buy Copper in the range of 747.20-746.70 SL Below 742 TGT 753/756 - Axis Securities
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Copper
MCX Copper price has given a bullish breakout from descending triangle Pattern, price is expected to trade positively. Sustaining above 747.20 would push the price higher towards 753/756 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 747.20-746.70 SL BELOW 742 TGT 753/756
Nickel
MCX Nickel price has given a bullish breakout from the trend line, price is expected to trade positively. | li t ses Sustaining above 1575 would push the price higher towards 1590/1600 levels intraday. The hourly momentum indicator RSI is trading at 69 and it is forming higher highs which is a bullishness in the prices.
BUY NICKEL BELOW 1575 SL BELOW 1565 TGT 1590/1600
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