Sell Copper Around 771 Sl Above 774 TGT 768/765 - Axis Securities Ltd
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NATURAL GAS
Natural gas pirce closed on a positive note in last trading sesssion as prices closed around 218 level. However immeidate resistance zone is seen around 222 level as prices has not been able to breach the mentioned level from last few days. Moreover RSI is below 60 level indicating low momemtu in prices. Traders can sell Natural gas around 221 for the target of 218 on intraday basis.
SELL NATURAL GAS AROUND 221 SL ABOVE 224 TGT 218/215
COPPER
Copper prices rallied in last session and it closed around 766 after sustaining around 755 level. Overall trend is sideways for Copper as long as it is trading below 771 level. Traders can sell Copper around 771 for the target of 768 on intraday basis.
SELL COPPER AROUND 771 SL ABOVE 774 TGT 768/765
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