INTRADAY - MCX - COPPER (03-AUGUST-2020)

Copper (Expiry: 31-Aug-2020 ) - Technical Analysis Report for Dated (03-August-2020). Based On Bollinger Band, Moving Average, RSI, HakeinAshi Candle, Previous Day Volume and Open Interest Indicator, Copper is Trading in Perfect Down Trend. Bearish Zone - If Trading Price Sustained Below 500.15 can Touch Down Side Levels 494.4. || Bullish Zone - If Trading Price Sustained Above 504.1, can Touch Up Side Levels 512.7

If Price Trading Between 500.2 And 504.1, Then It Indicates Copper Trading in Confusing Trend. Safe Trader Avoid Trading Till LTP Sustain Above 504.1 OR Sustain Below 500.2   || Other Traders Can Create Buying Positions Between 500.2 And 504.1 With StopLoss Below 500.2 For The Targets 506.5 And 512.7 OR Create Selling Positions Between 500.2 And 504.1 With StopLoss Above 504.1 For The Targets 497.8 And 494.4

TRADING RULES GIVEN ONLY TO PAID MEMBERS - (ONE TIME CHARGES - LIFE TIME SERVICE)

Trading Calls - When Market Opens In Negative Zone (Below 500.2)

Copper Buy At 498.3 Target=501.3 SL=496.8

Trading Calls - When Market Moving From Negative To Positive Zone

Copper Buy Above 501.2 Target=505.2 SL=499.2

Trading Calls - When Market Opens In Positive Zone (Above 504.1)

Copper Sell At 506.5 Target=504.5 SL=507.5

Trading Calls - When Market Moving From Positive To Negative Zone

Copper Sell Below 503.1 Target=499.1 SL=505.1