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Tuesday, February 3, 2009

UPDATES

TECHNICALS FOR NYMEX TRADING FEB 3

MCX FEB COPPER

TREND ; SHORT RUN ; CONSOLIDATION

MEDIUM TERM ; DOWN TREND

SUPPORTS ; 156.40, 152.90, 150.50

RESISTANCES ; 159.70, 161.10, 164.90

STAY SHORT AT RESISTANCES

8 comments:

sunny said...

HIIIII
CAN WE SHORT COPPER NOW AT 158????
WAT WILL BE THE TARGET N S L ?

akshaya said...

ATTENTION MR SUNNY
MCX Feb Copper is now looking bearish.
You could sell at current levels.
Maintain a stop loss above Rs 161.
Target Rs 154.
AKSHAYA.

akshaya said...

ATTENTION MR SUNNY
MCX Feb Copper is now looking bearish.
You could sell at current levels.
Maintain a stop loss above Rs 161.
Target Rs 154.
AKSHAYA.

akshaya said...

MR SUNNY,
COPPER TRADE LOOKS VERY DICEY, IF LOW RISK TRADER EXIT SHORT POSITION.
AKSHAYA

Vijay said...

Can i go for short now in copper 160.2

akshaya said...

MR. VIJAY,,

COPPER STOPS SHOULD BE RS. 162, ABOVE WHICH IT MAY TEST RS. 163.50 SUPPORTAT RS. 157.95.
AKSHAYA

akshaya said...

VIJAY

COPPER SHORT LOOKING VERY RISKY, TRADE WITH STRICT STOPS,
AKSHAYA

akshaya said...

MR.VIJAY,
COPPER MAY TEST UPPER FREEZE!!!!!!!!

AKSHAYA