Sell Nickel Below 1390 SL Above 1400 TGT 1375/1370 - Axis Securities
Nickel
MCX Nickel price has given negative breakout from rising trend line channel, price is expected to trade negatively. Sustaining below 1390 would drag down the price lower towards 1375/1370 levels intraday. The price has started trading below 9,21760 hourly EMA which is bearish sign for the prices.
SELL NICKEL BELOW 1390 SL ABOVE 1400 TGT 1375/1370
Copper
MCX Copper price has given negative breakout from symmetrical triangle pattern, price is expected to trade negatively. Sustaining below 714.50 would drag down the price lower towards 709/707 levels in intraday. The momentum indicator RSI is trading at 37 it shows bearishness in the prices..
SELL COPPER BELOW 714.50 SL ABOVE 718.50 TGT 709/707
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
