Base Metal Tips – Copper Prices: Net longs in the industrial metal grew slightly as funds marginally cut back on their short positions by 1%. However, copper could be starting to top out as investors refrain from taking up fresh longs.
Today Copper Target
MCX Copper (Oct) Weaker Below ₹455, Any Rise Fresh Selling; Down Side Support ₹430
BASE METAL TIPS – MCX Copper settled down 0.11% at 440.85 as China’s factory activity is expected to have contracted for a fifth straight month in September. Pressure also seen after the release of a whistleblower complaint against U.S. President Donald Trump added to uncertainties about the global economy, already reeling from the China-U.S. trade war.
MCX Copper Tips Rocking 446 To 441.05 – Copper Melt Like ICE
MCX Copper Tips – MCX Copper settled down 0.93% at 443.4 as the market awaited news from the US-China trade talks. The steady economic growth pace in the United States was also underscored by other data showing home resales rising in August to a 17-month high.
Base Metal Intraday Trading Range 12 April 2019
Base Metal Prices Forecast
Base metal: Base metals Trend sideways. MCX Copper may test Rs 440 while taking support near Rs 440 on MCX.
MCX Copper Tips – Strong Resistance at 458 level, Sell On Rise – Neal Bhai Reports
MCX Copper Tips – Strong Resistance at 458 level, Sell On Rise – Neal Bhai Reports
Commodities Weekly Technical Research Report 11-03-19 To 15-03-19
Commodities Weekly Research Report
MCX Weekly Forecast : 11 March To 15 March 2019
Commodities Weekly Technical Research Report 04-03-19 To 08-03-19
Commodities Weekly Research Report
MCX Weekly Forecast : 04 March To 08 March 2019
MCX Copper Under Buying Zone Target 468—480, Very Very Soon
MCX Copper Under Buying Zone Target 468—480, Very Very Soon – Copper on MCX settled up 1.54% at 462.35 as inventories tumbled and investors bet on a U.S.-China trade deal.
Commodities Weekly Technical Research Report 25-02-19 To 01-03-19
Commodities Weekly Research Report
MCX Weekly Forecast : 25 February To 01 March 2019