What is the reason that though both LME and Shanghai inventories have risen to 2003 levels,the prices of copper are still hovering high than they were at that time?Also what is the one month target price for copper?
ATTENTION MR MAHENDRA DAGA Copper prices are going up brushing aside the heavy inventory because the market feels obama's stimulus package will revive the economy and demand for industrial metals will also go up. Regarding copper price target after a month is a question which is difficult to answer. The market is so volatile that it cannot be predicted for a long term view. AKSHAYA.
9 comments:
In the latest update, you have also mentioned that it has a resistance at 175, so does that mean it will reach 175 again? Thanks.
SMART, FOR SELL POSITIONS THE STOP LOSS SHLD BE 175,
AKSHAYA
HELLO SIR, I AM IN WAITING FOR MY RATE (SHORT FEB. AT 167.95) NOW IS IT TIME FOR WAIT OR SQUARE MY POSITION? PLZ TELL ME YOUR SUGGESTION THANKS.
VISHAL,
HOLD YR SELL POSITION WITH STOP LOSS AT RS. 175.WITH LUCK ON YR SIDE COPPER MAY TEST LOWER LEVELS TODAY.
AKSHAYA
can i sel copper at this level
ATTENTION MR SANDY
You could sell at current levels keeping stop loss of Rs 175.
Targets are Rs 169.
AKSHAYA
What is the reason that though both LME and Shanghai inventories have risen to 2003 levels,the prices of copper are still hovering high than they were at that time?Also what is the one month target price for copper?
ATTENTION MR MAHENDRA DAGA
Copper prices are going up brushing aside the heavy inventory because the market feels obama's stimulus package will revive the economy and demand for industrial metals will also go up.
Regarding copper price target after a month is a question which is difficult to answer.
The market is so volatile that it cannot be predicted for a long term view.
AKSHAYA.
VISHAL,
EXIT SHORTS N COPPER AS PRICE UANABLE TO BREAK SUPPORT.
AKSHAYA
Post a Comment