our views seems to be on basis of previous week copper has traded @297 to close 293.30. I agree with your tgt 300-325 there are hurdles around 292-298-300 area an shallow retracement will be buying oppurtunity between 274-276. One needs to observe price action and take astute call with strict SL.
Good to have your analysis here...I was a bit lost with copper considering the fact I have no idea how it moves on day to day basis..how volatile it is?
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Hi Manoj
ReplyDeleteour views seems to be on basis of previous week copper has traded @297 to close 293.30. I agree with your tgt 300-325 there are hurdles around 292-298-300 area an shallow retracement will be buying oppurtunity between 274-276. One needs to observe price action and take astute call with strict SL.
Naresh1711 Hi
ReplyDeleteGood to have your analysis here...I was a bit lost with copper considering the fact I have no idea how it moves on day to day basis..how volatile it is?
Thanks once again for putting in your views here!
Cheers