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MCX Copper opened with an upward gap and witnessed selling for the first part of the session - Axis Securities Ltd
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Gold
MCX Gold opened with an upward gap and witnessed selling for the first part of the session. The chart pattern suggests that if Gold crosses and sustains above 69500 level it would witness buying which would push the price towards 69800-70100 levels. Important support for the day is around 68900.
BUY GOLD ABOVE 69500 SL BELOW 69300 TGT 69800/70100
Copper
MCX Copper opened with an upward gap and witnessed selling for the first part of the session. The chart pattern suggests that if Copper crosses and sustains above 775 level it would witness buying which would push the price towards 780-783 levels.
Important support for the day is around 768.
BUY COPPER ABOVE 775 SL BELOW 771 TGT 780/783
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