ATTENTION MR SUNIL Copper has strong resistanc eat Rs 159.50 and support can be seen at Rs 154 levels. There is no confirmation as yet. It is moving in a range. AKSHAYA
SHASHI, AT CURRENT LEVELS, SUPPRT IS AT RS. 153 TO 154 AND RESISTANCE 159.50 TO 160, WE ARE AWARE THAT SETTLEMENT IS THIS WEEK, BETTER TO WAIT , THERE IS US PREWSIDENT SPEECH TONITE OUTLING HIS PLANS TO REVIVE THE ECONOMY,ALSO SOME PULLBACK ON SHORT COVERING MAY COME ABOVE 160.NO CHOICE BUT TO HOLD SIR. AKSHAYA
dear sir iam looking to invest money in copper for long term can u suggest please wht is the perfect price to hold long term. because this month contract is almost all closing i'm thinking about apr contract, but i'm still confusing because of current volatile.
arent all good news like the US package or the anticipation of increase in china demand discounted in copper prices...whats the downside in copper now...given the lme stocks continously increasing to 2002 levels
MAHENDER DAGA, SURELY TREND IS BEARISH IN MEDIUM TERM, BUT GIVEN THE SETTLEMENT OF CONTRACT THIS WEEK AND THE OVERSOLD POSITION, RETRACEMENT IS LIKELY FOR NEAR TERM THIS WEEK. AKSHAYA
20 comments:
CMP is 158.35, What is advisable here - buy or sell? Thanks.
ATTENTION MR SUNIL
Copper has strong resistanc eat Rs 159.50 and support can be seen at Rs 154 levels.
There is no confirmation as yet. It is moving in a range.
AKSHAYA
Sir, I have Bought Copper F2@Rs162.25 Wat Ur Advice?
SHASHI, AT CURRENT LEVELS, SUPPRT IS AT RS. 153 TO 154 AND RESISTANCE 159.50 TO 160, WE ARE AWARE THAT SETTLEMENT IS THIS WEEK, BETTER TO WAIT , THERE IS US PREWSIDENT SPEECH TONITE OUTLING HIS PLANS TO REVIVE THE ECONOMY,ALSO SOME PULLBACK ON SHORT COVERING MAY COME ABOVE 160.NO CHOICE BUT TO HOLD SIR.
AKSHAYA
Sir, I have not Bought Copper F1 but F2 @Rs162.25
SHASHI,
SORRY, HOLD.
AKSHAYA
Sir, is it advisable to sell around 159 for a TP of 155? Thanks
ATTENTION MR SUNIL
Copper has initial resistance at Rs 159.50 and then at Rs 160 levels.
If you go short keep this as your stop loss.
AKSHAYA
dear sir
iam looking to invest money in copper for long term can u suggest please wht is the perfect price to hold long term. because this month contract is almost all closing i'm thinking about apr contract, but i'm still confusing because of current volatile.
ATTENTION MR CHIRANJEEVI
Wait for closer to current contract expiry.Trend will be more clear then
AKSHAYA
arent all good news like the US package or the anticipation of increase in china demand discounted in copper prices...whats the downside in copper now...given the lme stocks continously increasing to 2002 levels
MAHENDER DAGA,
SURELY TREND IS BEARISH IN MEDIUM TERM, BUT GIVEN THE SETTLEMENT OF CONTRACT THIS WEEK AND THE OVERSOLD POSITION, RETRACEMENT IS LIKELY FOR NEAR TERM THIS WEEK.
AKSHAYA
we buyed copper at 164 shuld v bookprofit or wait
ROHIT,
WAIT AND HOLD.
AKSHAYA
The market has crossed all the resistance levels, Will it still go up? Thanks
ATTENTION MR SUNIL
The resistance for copper is Rs 163.
On a closing basis if it closes above this it is positive.
AKSHAYA
Copper Feb 162.45 +3.85
Copper Apr 165.90 +2.60
Why April Lot Isn't Increasing
In Comparision To Feb Lot
If Copper Close Above 163.00
Should I Hold My Buy & Wait For
Tomorrow Opening.
Or Book Profit
Akshaya ,
We Always Expert UR Quick Reply...
anurag,
hold copper lomgs.
akshaya
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