Sell Copper Below 784 SL Above 64200 Tgt 62800/62200 - Axis Securities
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Copper
MCX Copper opened on a flat note and remained in a small range throughout the day. The chart pattern suggests that if Copper breaks and sustains below 784 level it would witness selling which would lead the It towards 777-773 levels. Important Resistances for the day are placed at
790. 9 EMA 789.7 21 EMA 790
SELL COPPER BELOW 784 SL ABOVE 64200 TGT 62800/62200
Silver
MCX Silver opened sharply lower with a downward gap however buying support at lower levels recovered some of the earlier losses. he chart pattern suggests that if Silver breaks and sustains below 63600 level it would witness selling which would lead the It towards ds 62800-62200 levels. Important Resistances for the day are placed at 64200
SELL SILVER BELOW 63600 SL ABOVE 64200 TGT 62800/62200
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