Copper Cathode Futures
CU1! trade ideas
BulishCopper is ready for upward journey, medium term trand is looking bulish structure for next 2 or 3 months atleast it's very very low risk entry, smart money accumulated around 700 to 760 , so my conclusion is buy around 780 to 760 zone buy the dips of stoploss is 750 my first target🎯 is 812 then 840 @ ath
copper positional sellMCX:COPPER1! Daily macd crossed below zero line with double top in price action. one bounce on 4 hrs chart timeframe near 760-765 is best selling zone the trg of upto 700 in month of March contract. do your own analysis before trade. This is my personal observation and not a trading recommendation.
mcx copper stya blw 760 sell on rise sl 769 expect 740 tgtmcx copper stya blw 760 sell on rise sl 769 expect 740 tgt-- as per daily chart candlestick formation looks dipsss and look for gap fill till 732 as i expect and should come 753--45 also yes blw 4$ closing in comex will pressure more sell side till 3.93--3.85$