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Sell Copper Below 745 SL Above 750 TGT 738/734 - Axis Securities
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Copper
MCX Copper opened sharply lower with a downward gap and selling pressure throughout the session dragged it lower to trade near the day's ys low. low. The The chart pattern suggests that if Copper breaks and sustains below 745 level it would witness selling which would drag the price towards 738-734 levels. Importantresistance for the day is placed at 752.
SELL COPPER BELOW 745 SL ABOVE 750 TGT 738/734
Crude Oil
MCX Crudeoil opened with a downward gap and remained volatile on either side. The chart pattern suggests that if Crudeoil crosses and sustains above 6050 level it would witness buying which would push the price towards 6200-6300 levels. Important Support for the day is around 5880.
BUY CRUDEOIL ABOVE 6050 SL BELOW 5950 TGT 6200/6300
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