Skip to main content

Copper Continued in Descending Channel

Copper Continued in the Falling Trend
From the Current Sentiment Because of emerging market are not doing good that why the base metals are performing worst.  
From Technical its make Descending Channel 
Copper Trend is Bearish and with some good support sale can be on Copper Minor Support -3.3731
Good Support Near 1st-3.3225 2nd-3.2284

Comments

Popular posts from this blog

Hindalco Outlook: Trend reversal candle Doji on top

Hindalco is trading almost near life time high where we can see a Doji and Doji  star formation with a confirmation candle, Doji and Doji Star are completely a reversal signal for short period of time and voulme  also decline for past two weeks (low demand on top).  If stock open on Monday near Friday close or below and able to break 213.25, this reversal trend will continued,  Try to apply this strategy with volume below 213.25 and immediate support levels are on 210.35/207.30 and strong support 205.20 level and resistance levels are 216/220.20/224.80