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Thursday, August 1, 2013
MCX COPPER UPDATES FOR AUG 1 2013
THURSDAY 8.40 PM IST
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LINK PROVIDED BELOW
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ALERT
Copper after a long consolidation between 405 to 426,
now prices has shown a good momentum to break its strong
resistance levels of say 427..
from the above chart one can able to check the line s marked
which shows clearly a ascending Triangle pattern breakout,
if prices closes above the said level of 427 then
for short term copper may test 440 and 448,
RSI for the commodity has also confirms the bulish trend..
For short term one can buy copper for the said targets..
Call : Buy Copper only above 427 on closing basis
and add further on dips up to 421
with stops below 415 for
targets 440 and 448..
WE ARE NOW ON FACE BOOK
PLS VISIT OUR PAGE AND LIKE IT
THIS WILL BE AN INTERACTIVE SITE
ALL QUERIES WILL BE ANSWERED
LINK PROVIDED BELOW
http://www.facebook.com/LotusAdvisoryServicess
ALERT
Copper after a long consolidation between 405 to 426,
now prices has shown a good momentum to break its strong
resistance levels of say 427..
from the above chart one can able to check the line s marked
which shows clearly a ascending Triangle pattern breakout,
if prices closes above the said level of 427 then
for short term copper may test 440 and 448,
RSI for the commodity has also confirms the bulish trend..
For short term one can buy copper for the said targets..
Call : Buy Copper only above 427 on closing basis
and add further on dips up to 421
with stops below 415 for
targets 440 and 448..