i have theree 4 years experience in equity,currency,commodity trading and analysis but iam comfoartable in commodities mcx(gold,silver,crudeoil,copper)
Hello traders ,
This is right time to buy copper for positional holdings. now currently trade around Rs.401.70.
now daily ( EOD chart ) forming WOLF WAVE PATTERN .
so copper now ready to start short term bullish trend,it may hit EPA LINE around Rs.444 to 452 levels.
so this pattern...
MARKET WRAP : 05/01/2011:)
U.S. crude oil futures prices fell $2 on Tuesday
U.S. copper futures shed nearly 2 percent
Gold tumbles nearly 2 pct
Silver falls sharply from record high
Euro fell against the dollar early in the day
U.S. copper futures shed nearly 2...
20/09/10 To 24-09-10
IN THIS THREAD WE WILL BE GIVING YOU THE WEEKLY OUTLOOK FOR COMMODITY.
WEEKLY
GOLD VIEW
Trend:- Bullish
Resistance:- 1282,1325$
Support:- 1267,1237$
Strategy:- Buy on dips
SLIVER VIEW
Trend:- Bullish
Resistance:- 20.95,21.70$
Support:- 20.50,19.95$...
Try with the nickel commodity levels
Mcx nickel commodity levels for this week
resistance 2: 1056
resistance 1: 1032
price : 1013
support 1: 989
support 2: 971