Monday 6 October 2014

commodity mcx copper and crude oil trend update


copper open evening session at 414.95 and made high 414.95 down side range 414.20, 
 
on cx market posiitve trend so trader can buy at 414 .30 target 417/419 stoplos 413
crude oil open at 5664 and made high 5678 little pressure down side 5652 sell above 5669 target 5640/5620/5600 stoploss 5685


12 comments:

  1. SILVER (5 DEC.) TREND: BEARISH
    RES 1: 38900
    RES 2: 39200
    SUPP 1: 38000
    SUPP 2: 37600
    STRATEGY: SELL ON HIGH
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  3. Gold rose as the drop to this year’s low lured Chinese buyers returning from a weeklong break, while investors awaited minutes of the Federal Reserve’s last meeting. Platinum extended a rally from a five-year low.
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  4. Copper trading range for the day is 406.5-418.9.Copper settled up as prices recovered on short covering after prices dropped as economic signals in Europe and China indicated metal demand will ebb as denoted by Epic research.

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