entry above 735.65 for target 736.7 and 741 reasons - resistance breakout supporting indicators - rsi + fibo disclaimer - trade @ owm risk
724 - 726 is the first zone for buying 723 -721 is the second zone for buying this is when you buy price in two halfs by spiliting quantity the above fva > fair value area is likely to retest but ive considered the last the two area by considering the confluence of fib 0.5 to 0.7 level which are = with our fva for resistance we have 744- 746 which is good...
As per my views , i can see copper in down trend, which it could go 700. In higher time frame it is visible "Head and Shoulder pattern".
I m very bulish on copper due to ev segments busting in automobile industry Wide range of band is 720 to 760 Buying starts with strict stoploss of 720wclb My target is 760/800
buy 733.40 there is gap on 5min chart (a gap is a fair value area) can create a buying retest 723.25 stop loss and two target 735.50 and 737.50
The chart is annotated. Copper is at a good support with the oscillators oversold. Looking good for a bounce from here.
mcx copper ------ its consolidated zone start eys on 747 if sustain abvthan mkt go to 751--52 than after 752 abv 757+++ ys hurdel 767 only abv fresh boom only where support 738 if stya blw trhan again dwn 734.90--731++ expect-- copper spot will also move
Very low inventory of stock, higher demand in ev segments, I m very bulish on this commodity For intraday my stoploss is 438 first target is 445 and then 455
Tgt1 737 Tgt2 740 Tgt3- 747 From here upside shown 733 to 740 sure ..risky tgt 747
On 30 Min candle charts if price break support Possibly reach to the 1st target As on chart
copper on 1 hour chart made a textbook head and shoulder pattern and the head was exactly at pin point rejection with resistance zone of 756-762 lvl after completing the HnS pattern price made pullback , which was exactly rested on fib lvl of 0.5-0.6 in between which projected the price towards down side of 716.50 also there is one trend-zone coming from higher...
Possible break up in copper on 30 minute candle chart Break previous support and near the pivot line Take resistance from higher level
Copper Prices facing rejection near the resistance of 735 expecting a fall to 729.80.
interdy-- buy opper 732--731 sl 728 tgt 736--38++ yes on dailly chart gvn breakout or dollor index may support for buyer buy on dipss with tight sl cmp spot abv 3.72$ looks buy only or interday base
Copper seems to be in a reactive zone now . Put this in watchlist and see how it reacts. Breakout / breakdown from either of those sides could attract a huge momentum in that respective direction.
sell copper 728--29 sl 32 tgt 722--25-- zinc blw 221 dwn fall 219.80-217-- sellon rise soon may be creshed due to low economical data
silver trading range 71500-72965-- break any range with volume will clear move if stya blw 71500 thna expect dwn side 71110--70560++++++ where come dwn or hold abv support thna mkt dedcta bounce expect 72500++ where resistance act 72965 if stya abv more up side or if hold bwl than dwnnnnnnn again mor ein trade hrs update
MCX:COPPER1! As Per Day trading Strategy and Volume Analysis MCX:COPPER1! Looks Sell Side , if you are ready to take Risk then sell near 744, Sl 748, target 737,735 its a technical Call Before Taking Any Entry Do your Own Analysis. Only For Educational Purpose. Thanks and Regards Ajay Metha