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Mastering MCX Copper Trading: Target Price 904—910—914 Tips of Success with Neal Bhai

Learn easy MCX Copper trading tips for beginners and experienced traders. Know at what level to buy Copper. How to set targets, and how to set stop-loss on positional calls. Start trading better today!

World of MCX Copper

Hey there, fellow trader! If you’re looking to dive into the exciting world of MCX Copper trading, you’re in the right place. I know trading can feel like a rollercoaster sometimes, but with the right strategy, you can ride it like a pro. Today, I’m sharing a straightforward trading tip based on a positional call: Buy MCX Copper at CMP or 898, targeting 904, 910, and 914, with a stop-loss at 895. Let’s break it down and explore some tips to make this trade work for you, all while keeping things simple and human-friendly.

The Trading Call Explained

Here’s the deal: the current market price (CMP) is your entry point, or you can buy at 898. Your goal? Aim for three profit targets: 904, 910, and 914. To protect your capital, set a stop-loss at 895. This is a positional call, meaning you hold the trade for a few days or weeks to catch those bigger price moves.

MCX Copper Tips For Positional Call

Let’s put this into a clear table for you:

ActionPriceDetails
BuyCMP or ₹898Copper Entry point for the trade
Target 1₹904First profit-taking level
Target 2₹910Second profit-taking level
Target 3₹914Final profit-taking level
Stop-LossPAID MEMBER’S ONLYExit if the price falls to this level

Simple Tips to Trade This Call Like a Pro

  1. Stick to the Plan: Enter at CMP or 898, and don’t chase the price if it spikes. Patience is your friend.
  2. Set Your Stop-Loss: A stop-loss at 895 protects you from big losses if the market turns against you. Always set it right after entering the trade.
  3. Scale Out Profits: When the price hits 904, consider taking some profits. If it climbs to 910 or 914, lock in more gains. This way, you secure wins while letting the trade run.
  4. Watch the Market: Keep an eye on global copper demand, USD strength, and economic news. These can impact copper prices.
  5. Stay Disciplined: Don’t let emotions drive your decisions. Follow the targets and stop-loss, no matter what.

A Personal Note

When I first started trading, I was overwhelmed by charts and jargon. But here’s what I learned: keep it simple, follow a clear strategy, and stay calm. This MCX Copper call is a great starting point because it’s straightforward and has clear levels to work with. Think of it like a recipe—follow the steps, and you’re more likely to cook up some profits!

Final Thoughts

Trading MCX Copper can be rewarding if you approach it with a plan. This positional call—buying at CMP or 898, targeting 904–914, with a stop-loss at 895—gives you a solid framework to work with. Stay disciplined, keep learning, and don’t be afraid to start small. You’ve got this!Got questions or want more trading tips? Drop a comment or reach out. Happy trading, and let’s make those profits shine!

FAQs:

Why Trade MCX Copper?

Copper is a hot commodity in the market, driven by demand in industries like construction, electronics, and renewable energy. Its price moves based on global supply, demand, and economic trends, making it a great pick for traders who want action. Whether you’re a newbie or a seasoned trader, this positional call can help you capitalize on copper’s price swings.

Will the copper rate increase?

Various factors can affect the price of copper, including global economic conditions, production levels, and demand. However, some experts believe that the price of copper will continue to rise in the next five years due in part to the growing demand for metal in emerging markets.

Is MCX Copper a good buy right now?

Neal Bhai Based on supply concerns and its growing role in the energy transition, many experts consider the long-term outlook for the red metal to be positive. Copper prices may reach new all-time highs of ₹900 to ₹1000++ in 2025.

What is the outlook for MCX copper commodity?

MCX Copper is expected to trade at 5.82 USd/LB by the end of this quarter, according to Nea Bhai, MCX King and analysts expectations. Looking forward, we estimate it to trade at 6.55 in 9 months time.

Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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