09-02-2021 04:51 PM | Source: Axis Securities Ltd
Sell Copper In the Range Of 710-709.50 SL Above 714 TGT 705/700 - Axis Securities
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Copper

MCX Copper price is trading under L730 pressure, price is expected to trade fr 7 negatively. Sustaining below 709.50 720 would drag the price lower towards = [ge I Fis 705/700 levels in intraday. Death cross LL erro over seen in 100 hourly EMA crossed F 7os . COPPER HOURLY CHART over 60 hourly EMA which shows Pee bearishness in the prices.

 

SELL COPPER IN THE RANGE OF 710-709.50 SL ABOVE 714 TGT 705/700

 

Zinc

MCX Zinc price has given a bullish woe breakout from falling wedge pattern,  L 250.0 Price is expected to trade positively. ta .. Sustaining above 245 would push the Tr  2ep.8 price higher towards 246.50/247 levels i ioc sacs ZINC HOURLY CHART ase in intraday. The momentum indicator re L 2e7.0 RSI is trading at 55 and it is forming pase p 266.0 higher highs which is bullish sign for 248.8 the prices.

 

BUY ZINC ABOVE 245 SL BELOW 244 TGT 246.50/247

 

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