03-02-2022 04:23 PM | Source: Axis Securities Ltd
Buy Nickel Above 1960 SL Below 1945 TGT 1975/1982 - Axis Securities
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Copper

MCX Copper price has given a bullish resistance breakout, price is expected to trade positively. Sustaining above 795 would push the price higher towards 802/808 levels intraday. The momentum indicator RS] is trading at 76 and it is forming higher highs which is a bullishness in the prices.

BUY COPPER ABOVE 795 SL BELOW 790 TGT 802/808

Nickel

MCX Nickel price is trading near the strong resistance level, price is expected to trade positively. Any breakout above 1960 would push the price higher towards 1975/1982 levels in intraday. The price has started trading above 9,21&60 hourly EMA which is a bullishness in the prices.

BUY NICKEL ABOVE 1960 SL BELOW 1945 TGT 1975/1982

 

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