Copper consolidating in range of 700-720 fresh move will be seen after the range breakout - Swastika Investmart
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NEWS IN HEADLINE
* Oil prices in wild swings but end higher on China optimism
* European gas futures fall further as ministers close in on price cap deal
* Investors ramp up pressure on Big Oil firms to set 2030 climate targets
CHART OF THE DAY
COPPER :
Copper consolidating in range of 700-720 fresh move will be seen after the range breakout , however 700 is an immediate support level and 720 is immediate resistance level . While above 720 lead further strength towards 725-730 zone.
OUTLOOK:
* Bullion: Day trend is indicating to Sideways in Gold &Silver.
* Energy: Day trend is indicating Sideways in Crude oil & Natural gas
* Base metals: Day trend is indicating Sideways in all base metals.
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