our views seems to be on basis of previous week copper has traded @297 to close 293.30. I agree with your tgt 300-325 there are hurdles around 292-298-300 area an shallow retracement will be buying oppurtunity between 274-276. One needs to observe price action and take astute call with strict SL.
Good to have your analysis here...I was a bit lost with copper considering the fact I have no idea how it moves on day to day basis..how volatile it is?
Hi,
I am Manoj and I am trying to be an investor/trader with more emphasis now on investing side.This blog is an attempt to Discipline myself and also serve as my Diary, for recording what I call Ramblings Of An Insane Mind.Since learning is a never ending curve I intend to share my notes with friends who are interested and also would like to learn from others.The posts in this blog are nothing but notes I am making for myself.Nothing on this site should ever be interpreted as advice, research or an invitation to buy or sell any securities.
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2 comments:
Hi Manoj
our views seems to be on basis of previous week copper has traded @297 to close 293.30. I agree with your tgt 300-325 there are hurdles around 292-298-300 area an shallow retracement will be buying oppurtunity between 274-276. One needs to observe price action and take astute call with strict SL.
Naresh1711 Hi
Good to have your analysis here...I was a bit lost with copper considering the fact I have no idea how it moves on day to day basis..how volatile it is?
Thanks once again for putting in your views here!
Cheers
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