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

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.

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.

Copper Postional View 22-Aug-2014

If 414.45 supports, I expect up move towards, 425, 428, 430, 432.
If 440, restricts, I expect again a big fall towards 415, 408, 405, 400.
And if 394 supports, big upmove towards 439, 468, 512 positionally.

Will give my better views by weekend.