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03-04-2022 09:37 AM | Source: Axis Securities Ltd
Sell Silver Below 67500 SL Above 67800 TGT 67200/66900 - Axis Securities
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COPPER

Copper prices edged higher in last session. Prices made a new Life time high and it closed around 816.4 level. On hourly chart prices is trading above 9 and 20 days EMA and RSI is also above 60 level which is a positive sign for prices. Traders can buy Copper above the resistance zone of 818 for the target of 821 on intraday basis.

BUY COPPER ABOVE 818 SL BELOW 815 TGT 821/824

SILVER

Silver prices closed on flat note in last session. Price is facing strong resistance near 68500 level from past few days. On hourly chart prices is trading below 9 and 20 days EMA which is a negative sign for prices. Traders may sell Silve if the strong support zone of 67800 level is taken out for the target of 67500.

SELL SILVER BELOW 67500 SL ABOVE 67800 TGT 67200/66900

 

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