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SILVER

Silver prices rallied higher in last trading session after prices broke th resistance zone of 66500 and closed around 67000 level. Overall trend is looking positive for prices and it is also trading above 9 and 20 days EMA and RSI is also above 60 level. Traders can buy Silver above 67000 for the target of 67300 on intraday basis.

BUY SILVER ABOVE 67000 SL BELOW 66700 TGT 67300/67600

COPPER

Copper prices closed on a positive note in last trading session after prices managed to sustain above the suppport zone of 732 and closed around 738 level. Copper prices is stuck in a range between 730 and 742 from past few days and we expect prices to stay in the mentioned range as long as 728 level is intact on daily closing basis. Any dips around 732 level can be used as an buying opportunity for the target of 735 on intraday basis.

BUY COPPER AROUND 732 SL BELOW 729 TGT 735/738

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