(Time Zone: Arizona, USA)
Ms. Neha Qureshi, Technical Research Analyst at Reliance Securities
LME Copper is trading on flat note where above $8000 will continue its positive momentum up to $8135-$8199 levels. Support is at $7980-$7965 levels.
MCX Copper January holds a support at 607 levels which is also a 21-Daily Moving Average. Therefore indicating for positive momentum up to 612-615. Support is at 608-606 levels.
*Strategy for Copper January Buy 609-608.50 Stoploss 606 Target 614 Conditions apply*
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