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Monday, February 1, 2010

mkt alert at 2.30 pm

intraday call)high risk traders holding sells in copper: Cover Shorts in

Mcx Feb Copper at 309.80-309.60 (Shorts Advised at 310)

11 comments:

Ritesh said...

iam holding a copper sell on 310.50 can i hold ?

Ritesh said...

can i hold for long (copper 305)pls suggest me

akshaya said...

ritesh,
copper has res strong at 312 and immediate supports 308/a breakoutt either side should be watched.
akshaya

sonu said...

i book too much loss in copper pls suggest me i buy@333.5 and cover@314.5 so now what i do

akshaya said...

gurpeet,
advised always to trade with stoploss only.loss can always be made up.copper sell onrise is best strategy now; res ar 313/316 support at 310/308.wait for calls; charts show oversold positions.
akshaya

sonu said...

Thank's akshaya
i decide sell @316 and stoploss 316.80 is it right or wrong.If wrong then plssssssssss give me the right call or sl.

akshaya said...

ATTENTION MR GURPREET
MCX Feb Copper if closes above Rs 316 looks positive .
Avoid shorts for now.
AKSHAYA

vishal said...

cmp 316.35
should i buy at cmp?

akshaya said...

SIR, COPPER RANGE NOW 314 TO 320 IF CLOSES ABV 317.30 POSITIVE.
AKSHAYA

Ritesh said...

it is a revisal trend in copper (upper trend) & explain speach of American P (Barak obama said few min before.)

akshaya said...

RITESH,
1.INDUSTRIAL MANUFUTURING DATA RELEASED LAST NIGHT IN US WAS EXCELLENT;
2. OBAMA PLANS FOR JOB INCREASES IN US AND ALSO STEPS FOR BANK CREDIT BE STREAMLINED, THUS TRYING TO STRENGTHEN THE US DOLLAR.
AKSHAYA