Copper is consolidating in the range of 775-798 - Swastika Investmart
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Daily Commodity Market Updates
News in headline:
* Oil prices slide on Beijing COVID warning, inflation concerns
* Oil Extends Losses as Investors Weigh US Inflation, China Demand
* Ukraine grain exports via Poland, Romania face bottlenecks - deputy foreign minister
Chart of the day:
COPPER: COPPER is consolidating in the range of 775-798 where move above 785 can lead some upside towards 795-800 while if it slips below 775 it may head towards 770-767 zone.
Technical View:
* Bullion: Day trend is indicating sideways to upside in Gold & Silver.
* Energy: Day trend is indicating uptrend in Crude oil & sideways in Natural gas.
* Base metals: Day trend in base metal is indicating sideways to upside.
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