Sell Copper Around 733 SL Above 736 TGT 730/727 - Axis Securities
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Copper
Copper price closed on a positive note in last trading session. On Daily chart prices is trading below 9 and 20 days EMA and RSI is also below 60 level which indicate that momemtum in weak for prices. Traders can SELL COPPER on rallies around 433 for the target of 430 on intraday basis.
SELL COPPER AROUND 733 SL ABOVE 736 TGT 730/727
Crude oil
Crude oil prices closed on a flat note in last session. On daily chart prices has formed hammer candlestick pattern near the bottom of the rally which indicate reversal from current downtrend. Traders may buy Crude oil above 5060 for the target of 5090 on intraday basis.
BUY CRUDE OIL ABOVE 5060 SL BELOW 5030 TGT 5090/120
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