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MCX Copper November: Expect Higher Range To Be Tested

27 Sep 2016 10:04 am
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Report for Date: 27/09/2016

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 325.2 or below can be used for buying with a stop loss of 321.

Expect higher range of 327.9-330.5 to be tested.

TREND INFORMATION WITH INTRA-DAY LEVELS

STRATEGY

CLOSE

DRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

Hold Long

326.7

322.6

UP

316.2

13.09

322.6


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