palkeshjain06

Copper View ( Buying opportunity )

Long
MCX:COPPER1!   COPPER FUTURES
Copper buy for initial target of 750 then 850 important levels r marked in the chart itself should be treated as demand and supply zone .
Comment: copper made new high of 720
Comment: Hold for complete target !
Comment: made high of 740 and experienced resistance at 740 so retraced as we have already learned abut this 740 level in past so same effect is seen in present too .
Trade closed: target reached: we have reached our target in 4 weeks of trade we booked 60-70 points in this trade we touched 750 level today . Those who traded according to given level can enjoy there profit .

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please post update s on copper July view ,trend lines.
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palkeshjain06 abjith169
@abjith169, u can refer to this chart for July contract as well as this is positional chart so look at this from positional point of view and this chart is based on current time i.e july . And copper weekly is positive for mentioned target of 750 .
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