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As per the above chart, copper seems down for a short period. Wait for the tail and jump for 439 – 438.6 – 438 levels.
Don’t forget the hurdle (red line). This hurdle can influence the copper price up to 442.
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Hurdle: 3860
This hurdle is the game changer here. Smart investors know what do I mean.
Upward Targets: 4000 – 4080+
Downward Targets: 3700 – 3560 – 3400 – 3200
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Gold may turn down up to 31700 – 31600 levels. 31460 – 31500 range is u-turn/support area.
Reversal isn’t far away from this time. Upside rally will start soon for 32400 – 32800+ levels.
Fake out? Targets: 460 – 465 – 470+
Downtrend? Targets: 440 – 434 – 426
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5 days ago, we wrote a special report on Crude oil. You must read it now: click here
Wherein in clear words, I had written “Crude oil’s last trading session candle is indicating a solid downtrend start soon after a reversal.
Targets: 3170 – 3130 – 3060 – 3000“.
A few minutes back, crude oil has made 3153 low. Crude oil calls the first target has come.
Today, our premium subscribers also sold the crude oil. Look out the call’s screenshots →
Do you think crude oil will hit remaining targets?
To read today’s Cotton Intraday Tips: Click here
In clear words, I had written, “…cotton price is under heavy downfall. Bearish trend continuation can drop the cotton prices up to 20680 – 20500 levels”.
Today cotton has made 20300 low level. Our cotton’s call touched all targets. Approx. Profit Rs.7500 /lot
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Short-term investors must be worried now. What happens if Gold will crossover the resistance trend line? OR What happens if it will not crossover that line?
This week, MCX gold will try to…
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Hurdle: 444
If copper will breakout & close below to hurdle level, we may see 440 – 436 – 432.
But as per the last trading session movements, we may see upside moves up to 457 – 460 – 465+ before starting downward.
Remember, don’t underestimate the hurdle level.
Since July month beginning, MCX lead’s demand is itself (automatically) increasing at 144.5 level. We should not sell below 144.5 level until you see closing price below 144 level (for two consecutive days).
This week we have chances to see 147 – 150+ levels. Smart traders know now what to do next!
Zinc’s Trading Strategy for Intraday and Short-term traders:
Hurdle: 201.6
Both side (above or below of hurdle), two consecutive closing price required.
Upward Targets: 206 – 210 – 214+
Downward Targets: 192.6 – 190 – 186
Intraday traders can buy cardamom on deep for 1436 – 1444 – 1450 levels.
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Yesterday copper’s price climbed 11.5 rupees, moreover it has broken last two-month resistance (432.8). If copper doesn’t close below resistance in next trading session, it will hit 446 – 450 – 454 – 460 levels.
First, we would like to know how many of you bought the natural gas? You must read the previous report of NG: Click here
I had written, “Today, Natural gas can move upside up to 206 – 207.5. It may also try to touch 209 level”.
Natural gas Intraday Call’s all targets has come. What will the next targets? To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
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Mentha oil’s current month contract opening price and closing price is the same, and it interprets that the previous trend is coming to an end.
Further information will update on the next newsletter.