Copper
Copper Futures
Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
copper is trading hovering near Resistance and we can see divergence on the charts which is a good signal, can be shorted here with a good favorable RR, Sl can be placed few pips above the last swing high i.e 2.72, targets are on the chart. Once it starts moving in our direction trailing stop loss is suggested as markets can turn back any moment. A good pair of...
Buy XCUUSDat CMP (2.66+) and upon dips upto 2.55 T1: 3.30 T2: 3.66 T3: 4.14 T4: 4.65 SL: 2.44
risk reward as far as i think its good in long trade , then to go short , i can be wrong but its fine , as the sl is small , while in short trade i might get stuck ! and reward nthere is clearly undefined !
Buy Copper at CMP (2.87+) and on dips upto 2.83 with SL below 2.74 Targets marked with green horizontal lines
1. Look for a buying opportunity as long as Copper stays above 2.695 2. Avoid any shorting opportunity above 2.695 however attractive it may seem. Shorting below 2.695 only.