Sell Copper Around 825 SL Above 828 TGT 821/816 - Axis Securities
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COPPER
Copper prices closed in green in last trading session. From past few days it is trading in a broad range between 812 and 826 level. Prices is not able to sustain near the upper band of the trading zone indicating supply zone near the resistance level. Traders may sell Copper around 825 for the target of 821 on intraday basis.
SELL COPPER AROUND 825 SL ABOVE 828 TGT 821/816
SILVER
Silver prices edged lower in last trading session after prices failed to sustain near the resistance zone of 67000 and closed around 66295 level. Prices closed below 20 and 60 days ema which is a negative sign for pries. Strong support zone can be seen around 66000 level. Breakdown below the mentioned level may push prices lower towards 65700 on intraday basis
SELL SILVER BELOW 66000 SL ABOVE 66300 TGT 65700/65400
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