Why copper is shining bright? Copper is becoming the most critical commodity in the metal basket. Electric vehicles (EVs) and renewable energy continue to be the dominant drivers for new growth, while traditional demand - for use in electrical wiring and motors - continues to pace up in developing nations. In fact, copper is crucial to the energy transition. For example, an EV requires more than three times the amount of copper used in an internal combustion engine, while buses require at least ten times as much. But this surging demand comes at a time where there are supply constraints, regulatory uncertainty and concern over the environmental impact of mining activities. Electricity and diesel fuel remain two major sources of operational emissions for miners, accounting for an average of 32% and 25% of emissions, respectively. For more read the article https://www.ey.com/en_us/mining-metals/sustainable-and-efficient-operations-for-copper-miners
#hdfcbank 1452 'symmetrical triangle' keep an eye on break out and re-test
#havells 1494 days low 1470->1496, immediate support 1399 and if holds 1460 can be upside.