Buy Silver Above 69200 SL BELOW 68700 TGT 70000/70500 - Axis Securities Ltd
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SILVER
MCX silver price is trading near strong resistance, price is expected to trade positively. Any breakout above 69200 would push the price higher towards 70000/70500 levels in intraday. The price has started trading above 9,21&60 hourly EMA which is a bullish sign for the prices.
BUY SILVER ABOVE 69200 SL BELOW 68700 TGT 70000/70500
COPPER
MCX Copper price is trading under symmetrical triangle pattern, price remains to trade positively. Any breakout above 758 next leg of the rally would push the price higher towards 764/767 levels in intraday. The price has taken support near 100 SMA which is a positive sign for the prices.
BUY COPPER ABOVE 758 SL BELOW 754 TGT 764/767
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