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COPPER

Copper prices traded volatile in last session. Prices rallied towards 719 but it failed to sustian near the mentioned level and closed around 709 level. Overall trend is positive for prices as long as prices is trading above 700 level on weekly closing basis. Moreover prices is also trading above 60 days EMA on hourly basis. Traders can buy Copper on dips around 705 level for the target of 708 on intraday basis

BUY COPPER AROUND 705 SL BELOW 702 TGT 708/712

SILVER

Silver prices edged higher in last trading session after prices broke the strong resistance zone of 68500 and rallied higher up till 69200 level. However it closed around 68600 on intraday basis. Overall trend is positive for prices as it is trading above 9 and 20 days EMA and RSI is also above 60 level which indicate high momentum in prices. Any dips around 69300 can be used as an buying opportunity for the target of 69600 level on intraday basi

BUY SILVER AROUND 68300 SL BELOW 68000 TGT 68600/68900

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