Login ID:
Password:
Partner Login
Contact Us : 7066511911

MCX COPPER FEBRUARY: RESISTANCE AT HIGHER RANGE

11 Jan 2019 10:28 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Report for Date: 11/01/2019



MCX COPPER (Price figures below are in Rs/INR per Kg)


Exit long and sell on rise from 412-417 with a stop loss of 424..

Expect lower range of 409-402 to be tested.


TREND INFORMATION WITH INTRA-DAY LEVELS

CLOSE

DRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

412.40

422.13

DOWN

442.9

12.12

402.8

409.8

414.3

416.9

423.9


*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

412.4

-1.2

37938000

-18.3

18685

8.7

Negative

Addition Short


TECHINCAL INDICATORS TABLE

RSI

1-ROC-RSI

Stochastic

1-ROC-

Stochastic

MACD

1-ROC

MACD

RS

1-ROC

RS

42.68

-7.75

77.15

-10.45

-6.41

5.54


View Full Image

Read Disclaimer
       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 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 :  
   

Top | Post Comment  

Latest TechAnalysis Report
Nickel (MCX) Retest of the 20-/50-day MAs is Underway...
Zinc (MCX) A Retest of the 20-DMA is Underway / Next ...
Copper (MCX) Consolidating in a Narrow Range (403-41...
Lead (MCX) A Retest of the 50-DMA is Underway / Add t...
Aluminium (MCX) Remains Within a Consolidation Range ...
more
Top 5 News
Rapeseed (NCDEX) A Close above 3,950 Confirms a Downt...
Guar Seed (NCDEX) A Retest of Support at Rs. 4,150 Ap...
Castor Seed (NCDEX) Relief Rally Concludes / A Retest...
Guar Gum July 19 (NCDEX) Major Trend Remains Bearish...
Soybean (NCDEX) Approaching the Lower-end of a Multi-...
Top 5 Special Reports
Stock Position Of Veg Oil (Edible Grade ) On 17.06.2019...
Weekly: Red Chilli Prices Likely To Decline Slightly Fr...
Weekly: Weakness May Continue In Rupee On Widening Trad...
Weekly: Overall Bullish Overtone In Gold Is Intact
Weekly: Spot Coriander Unlikely To Drop Below Rs 6,600-...