08-10-2021 05:24 PM | Source: Axis Securities Ltd
Sell Copper Below 728 SL Above 732 TGT 723.50/720 - Axis Securities
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Copper

MCX Copper price is trading inside the falling expanding triangle pattern, i | -—— LL Feo ice is expected to trade negatively. hAny breakdown below 728 would  eee Pe drag down the price lower towards + Fae 723.50/720 levels in intraday. The price has been trading below 60&100 hourly EMA which is a bearish sign for the in prices.

SELL COPPER BELOW 728 SL ABOVE 732 TGT 723.50/720

 

Natural Gas

MCX Natural gas price has given a ae negative breakout from consolidation F at range, price is expected to trade r se negatively. Sustaining below 299 would drag the price lower towards  294/291 levels intraday. The price has  308 started trading below 9,21&60 hourly Ev. EMA which is a bearish sign for the prices.

 

SELL NATURAL GAS BELOW 299 SL ABOVE 303 TGT 295/291

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