Buy Natural Gas Above 380 SL Below 377 TGT 383/386 - Axis Securities Ltd
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COPPER
Copper prices edged higher in last trading session after prices broke the resistance zone of 715.5 level and touched 721 level on intraday basis. Overall trend is looking positive for prices as it is trading above 9 and 20 days EMA and RSI is also above 60 level which indicate that momemtum in strong for prices. Traders can buy Copper raound 715.5 for the target of 718.5 level on intrday basis
BUY COPPER AROUND 715.5 SL BELOW 712.5 TGT 718.5/721
NATURAL GAS
Natural gas prices edged higher in last trading session after prices broke the resistance zone of 370 and touched 378 level on intraday basis. On hourly chart prices is trading above 9 and 20 days ema and RSI is also above 60 level indicating high momemtum in prices. Traders can buy Natural gas above 380 for the target of 383 on intraday basis.
BUY NATURAL GAS ABOVE 380 SL BELOW 377 TGT 383/386
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