Now copper future is UP? I don’t see any major factor to cause that much buying, but this was a large rally for one day. There is some risk to do work with copper but everything for belly. Set 412.7 stoploss with Opening bell buying. If once cross the stoploss then it can move more down side. Targets: 417.4 – 418 – 419.5
At National Commodity and Derivatives Exchange of India (NCDEX) all actively traded near-month contacts fell on week after witnessing a rally in the beginning. Steel long after the kiss our targets continuously going down – day by day. Yesterday steel long made something different ride. I’ll write live about Steel Long around 12 O’clock for subscribers.
Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.