MCX Copper November 2017 Weekly: Exit Long On The Rise 19 Sep 2017 10:50 am   0 Comments  |   Post Comment  |  Font Size A A A  Report for Date: 18/09/2017 MCX Copper November 2017 Weekly: Exit Long On The Rise MCX COPPER (Price figures below are in Rs/INR per Kg) Expect correction in near term. Lower range for the week can be 413-394. Resistance will be at 424-431.9-450.90. Exit long on the rise as lower range is likely to be tested. TREND INFORMATION WITH WEEKLY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold Long 420.1 404.4 UP 373.8 23.06 394.0 413.0 424.8 431.9 450.9 *Trend will remain Down as long as last close is below the pink color DRV. Trend will be Up as long as Price is above DRV. PRICE, VOLUME AND OPEN INTEREST STRATEGY Last Close Price G/L% Volume V -G/L% Open Interest OI -G/L % Candle Position 420.1 -2.6 200352000 -0.1 14590 -5.9 Negative Unwinding TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 60.95 -9.20 59.67 -26.77 14.03 -1.79 58.44 -9.05 Disclaimer: There is risk of loss in trading in derivatives and the report is not to be construed as investment advice. The information provided in this report is intended solely for informative purposes. The author, directors and other employees of CC Commodity Info Services cannot be held responsible for the accuracy of the information presented herein or for the results of the positions taken based on the opinions expressed above.   Rate this story Rated 0.0    Post comment Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy. Name :   Email :       Post Comment		Latest Domestic Weekly Technical Analysis MCX : Lead & Zinc Weekly Chart MCX : Aluminum & Copper Weekly Chart MCX : Lead & Zinc Weekly Chart MCX : Aluminum & Copper Weekly Chart MCX : Lead & Zinc Weekly Chart more Top 5 News NCDEX : Guar Gum & Guar Seed Weekly Chart NCDEX : Castor Seed Weekly Chart NCDEX Turmeric Weekly Chart* NCDEX : Dhaniya & Jeera Weekly Chart NCDEX : Cotton Seed & Kapas Weekly Chart Top 5 Special Reports Black Matpe Polished (AP) Consolidating Above Key Supp... Black Matpe Unpolished (AP) Consolidating in an Uptren... Akola Pigeon Pea (Tur) Desi Bilty Trending Higher / Ne... Castor Oil (Kadi) Weak Price Trend / Next Support at R... Mumbai Masur Canada Crimson Container Weak Price Trend...