Sell Silver Around 64500 SL Above 64800 TGT 64200/63900 - Axis Securities
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COPPER
Copper prices gave a gap up opening in the morning session and the positive momemtum continued throughout the day. On hourly chart it is trading above 9 and 20 days EMA and RSI is nearing 60 level on hourly chart. Traders may buy Copper around 765 for the target of 768 on intraday basis.
BUY COPPER AROUND 765 SL BELOW 762 TGT 768/771
SILVER
Silver prices traded volatile in the morning sessiom. Prices gave a gap up opening and prices rallied up till 64700 level. It failed to sustain near the day's high and drifted lower towards 64100 on account of profit booking. Immediate resistance is seen around 64500 which can be used as an selling opportunity in Silver for the target of 64200 on intraday basis.
SELL SILVER AROUND 64500 SL ABOVE 64800 TGT 64200/63900.
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