Buy Silver Around 62500 SL Below 62200 TGT 62800/63100 - Axis Securities
SILVER
Silver prices edged lower in last trading session after prices broke the immediate support zone of 63300 and drifted lower towards 62200 level on intraday basis. However on hourly chart we have observed doji candlestick pattern followed by a green candle which indicate reversal from current downtrend. Traders may silver around 62500 for the target of 62800 on intraday basis.
BUY SILVER AROUND 62500 SL BELOW 62200 TGT 62800/63100
Copper
Copper prices closed in green in last trading session. On daily chart prices has formed doji candlestick which indicate reversal from current down trend. Strong support for Copper is seen around 730 level. As long as the mentioned level is intact we expect prices to trade in the range between 730 and 740 level. Any dips around 730 can be used as an buying opportunity in Copper.
BUY COPPER AROUND 730 SL BELOW 727 TGT 733/736
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