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Copper Outlook...... Is it Bearish or Bullish ?

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Copper Outlook...... Is it Bearish or Bullish ?

Postby k.raaja » Mon Jun 27, 2011 8:47 am

Hi frnds, after a long time.. I got time to post something for u... :D ... Ok now in this post we will discuss about MCX Copper Outlook in coming days.. Copper is Trading in Rangebound between 398 and 418 Levels.. Hope those who are tracking copper comes to know that.. one can easily mint money from copper in the same way we can easily lose ours .. :lol: .. NOw According to my analysis.. copper taking strong support Near 392 Levels.. and it is in bullish mode till the 392 Levels takes out.. till then.. Buy in dips strategy is good for postional buyers.. Last time copper life time high is at 472 Levels ( dropped deimal points.. :roll: ) .. So this time we can expect good move in coming days..even new lifetime high (i.e, 480) are also possible in this counter... Crucial Levels to watch is 392 >> 418 >> 423 >> 433 >> 436 .. If copper breaks this levels successfully with good volumes.. we can expect new life time high... :P ......
And one more thing..if it breaks 392 lvls on weekly basis.. we can see 320 levels too.. be alert while copper comes to specified levles
Thanks and Regds,

K.Raja
The secret recipe for success in stock market is simple. 30% in market analysis skills, 30% in risks management, 30% in emotion control, and 10% in luck. --
Benjamin Lee
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Re: Copper Outlook...... Is it Bearish or Bullish ?

Postby ravina » Tue Apr 15, 2014 1:19 pm

The euro zone February factory output matched forecast by rising 0.2% MoM, with January’s data revised from a 0.2% decline to a 1.6% growth.
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