INTRADAY - MCX - COPPER (05-AUGUST-2020)

Copper (Expiry: 31-Aug-2020 ) - Technical Analysis Report for Dated (05-August-2020). Based On Bollinger Band, Moving Average, RSI, HakeinAshi Candle, Previous Day Volume and Open Interest Indicator, Copper is Trading in Perfect Up Trend. Bullish Zone - If Trading Price Sustained Above 509.2, can Touch Up Side Levels 511.8. || Bearish Zone - If Trading Price Sustained Below 506.8, can Touch Down Side Levels 502.2

If Price Trading Between 506.8 And 507.7, Then It Indicates Copper Trading in Confusing Trend. Safe Trader Avoid Trading Till LTP Sustain Above 507.7 OR Sustain Below 506.8   || Other Traders Can Create Buying Positions Between 506.8 And 507.7 With StopLoss Below 506.8 For The Targets 509.5 And 511.8 OR Create Selling Positions Between 506.8 And 507.7 With StopLoss Above 507.7 For The Targets 504.9 And 502.2

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

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

Copper Buy At 505.2 Target=506.8 SL=504.4

Trading Calls - When Market Moving From Negative To Positive Zone

Copper Buy Above 507.3 Target=509.3 SL=506.3

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

Copper Sell At 509.5 Target=508.5 SL=510

Trading Calls - When Market Moving From Positive To Negative Zone

Copper Sell Below 507.2 Target=505.2 SL=508.2