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
Date
L1
L2
CP
L3
L4
Hold Long
327.8
322.1
UP
316.2
13.09
323.3