01-01-1970 12:00 AM | Source: Axis Securities Ltd
Sell Copper Below 720 SL Above 724 TGT 715/712 - Axis Securities
News By Tags | #5481 #473

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Copper

MCX Copper price is trading near the support of symmetrical triangle pattern, price is expected to trade negatively. Any break down below 720 would push further correction towards 715/712 levels in intraday. The price has started trading below 9,21&60 hourly EMA which is a bearish sign for the prices.

 

SELL COPPER BELOW 720 SL ABOVE 724 TGT 715/712

 

 

Natural gas

MCX Natural gas price has given a negative breakout from it's consolidation range, price is expected to trade negatively. Sustaining below 283.50 would drag down the price lower towards 277/275 levels in RSI is trading at 28 it is forming lower lows which is a bearish sign for the Prices.

 

SELL NATURAL GAS BELOW 283.50 SL ABOVE 288 TGT 277/275

 

To Read Complete Report & Disclaimer Click Here

 

For More Axis Securities Disclaimer  https://simplehai.axisdirect.in/disclaimer-home
SEBI Registration number is INZ000161633

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer