MCX Copper Future above 492, Super Bullish Zone Targets Price 525-552–600++ (Copper Supply Shortage)
mcx copper price
MCX Copper Tips – Hit Fully 1st Target 418, Next Target 424, Resistance Key 420 – Neal Bhai
MCX Copper Tips – Hit Fully 1st Target 418, Next Target 424, Resistance Key 420 – Neal Bhai Reports (NBR)
MCX Copper Trend – Above 395, Any Panic Buy Target 418—424
MCX Copper Trend : yesterday settled up by 0.07% at 408 as the market focused on stagnating economic activity and falling demand due to the coronavirus crisis, but production cuts by major miners due to lockdowns provided support.
Buy Copper MCX Apr at 404.50 —404 Target 406—408 Stop Loss Paid
Buy Copper MCX Tips Apr at 404.50 — 404 Target 406—408
🌟🌟🌟🌟🌟 China cut its benchmark one-year loan prime rate (LPR) by 20 basis points (bps) to 3.85%, while the five-year LPR was cut by 10 bps to 4.65%, in line with market expectations.
Copper MCX Price Target 408—413 – Any Big Panic Buy And Sleep – Neal Bhai
Copper MCX Price Target 408—413 – Any Big Panic Buy And Sleep – Neal Bhai
Shanghai copper prices rose to a near four-week high on Monday as supply worries rose following a fall in inventories and suspension of operations in major producer nations.
BASE METAL TIPS – Copper Prices OutLook: Net Longs in the Industrial Metal Grew Slightly
Base Metal Tips – Copper Prices: Net longs in the industrial metal grew slightly as funds marginally cut back on their short positions by 1%. However, copper could be starting to top out as investors refrain from taking up fresh longs.
MCX Copper (Oct) Weaker Below ₹455, Any Rise Fresh Selling; Down Side Support ₹430
BASE METAL TIPS – MCX Copper settled down 0.11% at 440.85 as China’s factory activity is expected to have contracted for a fifth straight month in September. Pressure also seen after the release of a whistleblower complaint against U.S. President Donald Trump added to uncertainties about the global economy, already reeling from the China-U.S. trade war.