login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

MCX Copper June: Expect Higher Range To Be Tested

29 Jun 2016 9:52 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Report for Date: 29/06/2016

MCX Copper June: Expect Higher Range To Be Tested

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

Traders long can maintain the stop loss at 313.

Expect higher range of 328-335 to be tested.

Weaker opening and correction to 324-321 can be used for buying with a stop loss of 313.

TREND INFORMATION WITH INTRA-DAY LEVELS

STRATEGY

CLOSE

DRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

Hold Long

325.0

314.2

UP

312.7

20.06

314

321

324

328

335


*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

325.0

2.2

51639000

15.9

11538

-27.7

Positive

Unwinding


TECHINCAL INDICATORS TABLE

RSI

1-ROC-RSI

Stochastic

1-ROC-

Stochastic

MACD


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 :  
   

Post Comment  

Latest TechAnalysis Report
Base Metals Zinc (May 24) Bullish Trend / Buy on Dips...
Base Metals Lead (May 24) Bullish Trend / Buy on Dips...
Base Metals Copper (May 24) Bullish Trend / Buy at CM...
Aluminium (May 24) Bullish Trend / Buy-on-Dips / Key S...
Base Metals Zinc (May 24) Bullish Trend / Buy on Dips...
more
Top 5 News
Cotton Candy (May 24) Bearish Trend / Sell on Rise / K...
Mentha Oil (May 24) Neutral Trend / Buy on Breakout / ...
Base Metals Zinc (May 24) Bullish Trend / Buy on Dips...
Base Metals Lead (May 24) Bullish Trend / Buy on Dips...
Base Metals Copper (May 24) Bullish Trend / Buy at CM...
Top 5 Special Reports
Desi Moong (Jaipur) Inflection Point: Retesting Key Re...
Rajkot Groundnut Oil Loose Correction Underway / Next ...
US Cotton net export sales for April 12-18 at 177,100 R...
US soybean net sales for April 12-18 at 210,900 MT, dow...
Black Matpe Polished (AP) Consolidating Above Key Supp...