Wednesday, November 28, 2012

Trading Idea Copper (Update 2)

Dear All,

                       In last post we told you we were Bullish in short term , bearish in very short term and bearish in Long term .....let see how price action has unfolded.

Market complete prove us wrong in very short term scenario and Copper hit 435.80 levels .....now what next lets analyze ...

Long term Bearish for 1-2 years  Target : 300 sub 300 levels

Short term Bullish Targets : 438---443--448 levels

Imp : Till 430 holding on closing basis more upside is possible ....so hold your longs with trailing sl of 430 .

Thanks & Regards
Abhay Mehrotra


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