Sell Zinc Below 285.50 SL Above 287 TGT 283.50/282.50 - Axis Securities
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Zinc
MCX Zinc price has given a negative breakout from the trend line, price is expected to trade negatively. Sustaining below 285.50 would drag the price lower towards 283.50/282.50 levels in intraday. The 100 hourly EMA has crossed over 60 hourly EMA which is a bearish sign for the prices.
SELL ZINC BELOW 285.50 SL ABOVE 287 TGT 283.50/282.50
Copper
MCX Copper price is trading inside the descending triangle pattern, price is ed to trade negatively. Any breakdown below 732 would drag the | price lower towards 727/724 levels in intraday.The price has been trading below 60100 hourly EMA which is a bearishness in the prices.
SELL COPPER BELOW 732 SL ABOVE 736 TGT 727/725
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