A New (Questionable) Copper Uptrend?
According to the chart, copper will perform great in upcoming days. Nowadays, it is showing up lots of volatility. Intraday traders must follow the trend. Break out point is not clear, hence make a trade base on uptrend channel line.
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Technical Report of Aluminium
From the May beginning, aluminum prices are moving between 161.5 to 146 level. It may take time to move out. Intraday traders can play on this commodity. This week, I don’t recommend aluminum for short-term or long-term investment.
Lead: No Mixed Opinion – Direct Decision
If MCX lead close below to 157.8 level, then don’t do anything. But if it remains above to 161.5 then buy.
Target: 164 – 167