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Monday, November 12, 2018

COPPER UPDATES FOR NOV 12 2018

MONDAY 11.15 AM IST



MARKET UPDATE




US Markets fell in trade during last week Friday trading .


There are 2 major concerns in the market now .


Markets reacted to statements released by


 Federal Reserve in which


the FED continued its hawkish stand .


The statement indicated that there would



be a gradual increase in rate hike .


The second concern was the continuing pressure


 which was there on Crude Oil prices .



There was general concern that the global economy



was slowing down .


Copper prices also corrected sharply and closed


 around 432.50 levels .


Mcx Copper currently trading at Rs 434,20



Levels are as under



SUPPORT 1 433.10



SUPPORT 2 432



SUPPORT 3 431.10



RESISTANCE 1 4335.50



RESISTANCE 2 437.20



RESISTANCE 3 439.50




We will keep updating 

Wednesday, October 10, 2018

COPPER UPDATES FOR OCT 10 20198

WEDNESDAY 1.25 PM IST




MARKET UPDATE



Mcx Copper Update



Mcx Copper currently trading at Rs 462.60



Trading in a tight range since morning .
\
\\
Resistance now seen at Rs 463.6



Supports at Rs 459.80




No clear trend for now

Monday, October 8, 2018

COPPER UPDATES FOR OCT 8 2018

MONDAY 11.55 AM IST




MARKET UPDATE



Mcx Copper Update



Mcx Copper currently trading at Rs 455



Trading weak for now


\
Immediate support seen at Rs 452.20



Resistance at Rs 456.60



LEVELS ARE AS UNDER



SUPPORT 1 452.20



SUPPORT 2 450



SUPPORT 3 448.80



RESISTANCE 1 456.60


RESISTANCE 2 458



RESISTANCE 460.10



We will keep updating