Copper

[MANISH_DAMANI]

Copper and lead has given fall in lme and comex small correction will be expected. Market open low from yesterday low hopefully as 2 hrs 35 mins left.

 

[praveen taneja]

mkt mai 15 sep k bad selling hai wo bhi ais ki silver 2 din mai 55000 or copper 415 pe milega meri salah hai sabhi friend ko ki 15sep se pahle koi sort na kare

Sir 15 September tak kya hoga. Fed meet hai. Qe3 ayega ya nahi.

Sir lead key liye koi bhawisyawani. apni 3 lot short hai. Any basis of your prediction so that I can learn and satisfy my self.

Welcome to TMA:thumb::thumb::thumb::thumb:

 

[MANISH_DAMANI]

very true but people wont understand this.

 

[manickamtup]

How enter correct way in copper. What r the points to be followed.

 

[praveen taneja]

very true but people wont understand this.

 

[praveen taneja]

How enter correct way in copper. What r the points to be followed.

First of all pocket and knowledge:thumb:

second information about world data and using those info

third and last quick movement I mean whenever get profit run away fast entry and fast booking is must it can give you 5-7 trade in aday of 60-70 pais abut 2Rs trade one or two:thumb:

 

[MANISH_DAMANI]

In my view all commodities run in trend. You have to identify trend and range along with global news, lme data etc. But for normal people like us every thing is not possible. So better learn technical analysis to identify entry and exit point. Current market is clearly driven my liquidity on stimulus hopes Ecb, Fed and China. Of which Ecb agreed for unlimited bond purchase. Now today Fed meet for Qe3. After that China. China have announced billions $ infrastructure project. Monetary easing expected. So till then wait. After discounting all news flow a sivere fall is expected. Because at higher price demand starts dampening. These prices are not sustainable. Secondly Rs/$ plays vital role. Currently copper is not at its all time high in comex. But it is also giving W pattern break out in weakly and monthly chart in my opinion. So be aware above 450 levels Because if I take all time high of copper @ cmp of Rs/$ then it would be around 553 nearly Rs 90-100 above from here. But this not as copper all time high in comex is $4.5 approximately and in mcx it is Rs 466 almost Rs 12-13 left. If Rs become weaker then this rally could extend. If Rs /$ is 57 then Rs 466 touched yesterday or even crossed. If it was Rs60/$ then rs 490. But if it was at Rs 50 then Rs 408. So take care before taking positional trade.

 

[coolharsh20]

Buy copper now with sl 451 tgt 458

 

[pankaj30071987]

 

[anz]

new joining

:rofl:hello