Sell Copper Below 729 SL Above 732 TGT 726/723 - Axis Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Copper
Copper prices edged lower in last trading session after prices broke the strong support zone of 737 and it drifted lower towards 729 on intraday basis. Near term trend has turned negative for prices as it closed below 9 and 20 days EMA and RSI is also below 60 level which indicate that momemtum is weak for prices. Trders can sell Copper below 729 for the target of 726 on intraday basis.
SELL COPPER BELOW 729 SL ABOVE 732 TGT 726/723
Crude oil
Crude oil prices traded volatile in last sessoin and closed in green. Crude oil prices has formed doji candle stick pattern on daily chart near the bottom of the rally which indicate reversal. On hourly chart prices prices managed to close aboe 9 and 20 days EMA which is a positive sign for prices. Traders can buy Crude oil aorund 6000 for the target of 6030 on intraday basis.
BUY CRUDE OIL AROUND 6000 SL BELOW 5970 TGT 6030/6060
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
