Positional Analysis of COMEX and MCX COPPER GIVEN ON 12/13-OCT-2014 and Present Status 22-Nov-2015

COPPER BANGED MOST OF THE POSITIONAL TARGETS!!!

COMEX Copper - 3.0248 ---> 2.0203.
MCX Copper - 414.40 ---> 299.60.

COMEX COPPER 13-Oct-2014

CMP 3.0248
Resistance: 3.2775/3.5183/3.9790
Supports: 1.4070/1.2475

If Copper Resisted by 3.2775/3.5183/3.9790, I expect minimum 3.9813.


I am bearish below 2.8930. Below 2.8930, I expect 2.8200, 3.6100, 2.4000, 2.0000, 1.7200 positionally.
- See more at: http://freecommodityanalysis.blogspot.in/2014/10/comex-copper-view-13-oct-2014.html

CMP 2.0323
LOW: 2.0203


Chart on 13-Oct-2014

Chart on 22-Nov-2015

MCX Copper 12-Oct-2014

CMP 414.40

Based on my Analysis,
Long term positional targets: 399-397, 392, 381, 374, 370, 364, 345, 325, 318.
Resistance: 422, 435, 440. Any move above 440 will change trend.
- See more at: http://freecommodityanalysis.blogspot.in/2014/10/mcx-copper-12-oct-2014.html


CMP: 300.25
LOW: 299.60

Chart on 12-Oct-2014

Chart on 22-Nov-2015

MCX Copper Positional Analysis SUCCESS - 04-Aug-2014

04-Aug-2015
CMP 333.35

Resistances: 421.20/439.40

PRESENT VIEW:
As long as Copper resisted by 377/422, I expect to see more downside and expecting 326, 291, 281, 273, 249, 245, 228...

PREVIOUS ANALYSES:
Copper did most of targets as the views/analysis given on 12-Oct-2014, 11-Dec-2014.
Targets Given on 12-Oct-2014: 399-397, 392, 381, 374, 370, 364, 345, 325, 318.

Targets Given on 11-Dec-2014: 392, 364, 346, 319, 291, 271, 245.

References:
http://freecommodityanalysis.blogspot.in/2014/10/mcx-copper-12-oct-2014.html
http://freecommodityanalysis.blogspot.in/2014/12/copper-postional-view-11-dec-2014.html

Copper Postional View 11-Dec-2014

CMP 404.60
Resistances:  440/413.

As long as Copper resisted by 440/513, I expect big down move in Copper.
My positional targets: 392, 364, 346, 319, 291, 271, 245.

If Copper supported by 389, then retracement levels are: 401.5 (done), 408, 414, 420, 424, 428.

If Copper supported by 389/397/402, I expect up move.

Trade Idea: Buy Copper with Strict SL 402/397.
Targets: 406.5, 408.5, [410.5], 413.4, [414.5], 417.5, 418.7, 420.3, [421.3], 424, [425.4].


If Copper resisted by 440, and any reversal from the above retracement levels, I expect 390 first.
My other targets are: 379, 372, 360.

TRADE AT YOUR RISK! HAPPY TRADING!!!

Comex Copper View 13-Oct-2014

CMP 3.0248
Resistance: 3.2775/3.5183/3.9790
Supports: 1.4070/1.2475

If Copper Resisted by 3.2775/3.5183/3.9790, I expect minimum 3.9813.

I am bearish below 2.8930. Below 2.8930, I expect 2.8200, 3.6100, 2.4000, 2.0000, 1.7200 positionally.

MCX Copper 12-Oct-2014

CMP 414.40

Based on my Analysis,
Long term positional targets: 399-397, 392, 381, 374, 370, 364, 345, 325, 318.
Resistance: 422, 435, 440. Any move above 440 will change trend.

If Copper restricted by 416.15/422, I expect in short term 408, 406-405, 400-398.

on Investing.com
Oct 13, 2014 04:25AM GMT
Any move below 390, we will see 381, 374, 370, 364, 345, 325, 318 positionally. But if supports we will see 500+. Resistance 422/440. For BULL run, copper needs to break 440. For BEAR run, copper needs to break 390. Buyers SL 389. But I am bearish and expect a break of 390. In short term I expect to see 406/400/395.

Copper Positional View 05-Sep-2014

If copper restricted by 431.65, 439.40, I expect to see 423, 415, 409, 405, 400.

Expecting big reversal from 400/395 if 391 supports.

As of now for any SELL stop loss would be above 440. Need to confirm the down move.