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MCX Copper November: Expect Higher Range To Be Tested

26 Sep 2016 10:00 am
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Report for Date: 26/09/2016

MCX Copper November: 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 321.

Weaker opening and correction first to 326.1 or below can be used for buying with a stop loss of 321.

Expect higher range of 328.9-331.7 to be tested.

TREND INFORMATION WITH INTRA-DAY LEVELS

STRATEGY

CLOSE

DRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

Hold Long

327.8

322.1

UP

316.2

13.09

323.3


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