01-01-1970 12:00 AM | Source: Axis Securities Ltd
Buy Silver in the range of 60920-60820 SL Below 60300 TGT 61600/62300 - Axis Securities
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Silver

MCX Silver opened on a flat note and buying momentum throughout the first half. The chart pattern suggests that if Silver sustains above 60900 level it would witness buying which would push It towards 61600-62300 levels. Important support for the day is around 60100. 

BUY SILVER IN THE RANGE OF 60920-60820 SL BELOW 60300 TGT 61600/62300

 

Copper

MCX Copper opened on a positive note and traded with extreme 5 volatility throughout the session. The hourly strength indicator RSI has turned positive from the oversold territory and is above its reference line indicating positive bias. Copper is trading above 20&60 hourly SMA's indicating positive bias in the intraday. 

BUY COPPER ABOVE 746 SL BELOW 741 TGT 752/756

 

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