Mcx copper swing call hit given targets
Mcx copper future today is trading at 410 and hit intraday high above 414. Mcx copper suggested buy above 379 and for positional target 399 and 410. In last 2 sessions strong Bull Run as well as short covering rallies hit both the target with sharp upside. Mcx copper above 410 will remain super bullish and expect sharp short covering above this levels from trapped short sellers. Above 410 rupee, mcx copper future resistances as well as super bullish targets will be 430 and then 441.
On downside 405 and 399 are trialing stop loss as well as support zones for traders.
From long term view, my mcx copper 2017 investment target was at 431 and look like this rally is straightly heading for this levels. Above 431, next copper future resistance as well as long term target will be 488. Want daily 1-2 sure mcx tips on whatsapp then subscribe us to our premium mcx tips service.