Buy Zinc Above 239 Sl Below 238.50 TGT 241/242 - Axis Securities Ltd
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COPPER
MCX Copper price has given a breakout from bullish expanding triangle, price is expected to trade positively. Sustaining above 723 would push the price higher towards 728/732 levels intraday. The mumentum indicator RSI is trading at 63 and it is forming higher highs which is a bullish sign for the prices.
BUY COPPER ABOVE 723 SL BELOW 719 TGT 728/732
ZINC
MCX Zinc price has given a breakout from ascending triangle pattern breakout, price is expected to trade positively. Sustaining above 239 would push the price higher towards 241/242 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullish sign for the Prices.
BUY ZINC ABOVE 239 SL BELOW 238.50 TGT 241/242
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