Buy Silver Above 61600 SL Below 61300 TGT 61950/62100 - Axis Securities
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Copper
Copper prices edged higher in the morning session. On hourly chart prices is trading above 9 and 20 days EMA and RSI is also above 60 level. However strong resistance zone is seen around 742 level and price is also not able to sustain near the mentioned level from past few days. Traders may sell Copper around 742 for the target of 739 on intraday basis.
SELL COPPER AROUND 742 SL ABOVE 745 TGT 739/736
SILVER
Silver prices gave a gap up opening in today's session and it is up by almost 2 percent. However prices is not able to sustain above 61600 level from past few days which indicate that it is a supply zone for prices Traders may buy Silver only obove 61600 for the target of 61950 on intraday basis.
BUY SILVER ABOVE 61600 SL BELOW 61300 TGT 61950/62100
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