Tag Archives: nse copper

Copper Outlook for the Week (Feb 19, 2018 – Feb 23, 2018)

EquityPandit’s Outlook for Copper for the week   (Feb 19, 2018 – Feb 23, 2018) :

COPPER:

 

COPPER 1

 

COPPER closed the week on positive note gaining around 6.50%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 435 to 438. Resistance for the commodity lies in the zone of 445 to 450 where short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 460 to 465 from where the commodity has retraced multiple times. During the week the commodity manages to hit a high of 464 and close the week around the levels of 461.

Support for the commodity lies in the zone of 445 to 450 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 430 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 460 to 465 from where the commodity has retraced multiple times. If the commodity manages to close above these levels then the commodity can move to the levels of 470 to 475 where the commodity has formed a top in the month of December-2017.

Broad range for the commodity in the coming week can be seen between 440 – 445 on downside & 480 – 485 on upside.

Copper Outlook for the Week (Feb 12, 2018 – Feb 16, 2018)

EquityPandit’s Outlook for Copper for the week   (Feb 12, 2018 – Feb 16, 2018) :

COPPER:

 

COPPER 1

 

COPPER closed the week on negative note losing around 4.40%.

As we have mentioned last week, that Support for the commodity lies in the zone of 445 to 448 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 430 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 432 and close the week around the levels of 432.

Support for the commodity lies in the zone of 425 to 430 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 415 to 420 where long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 435 to 438. Resistance for the commodity lies in the zone of 445 to 450 where short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 460 to 465 from where the commodity has retraced multiple times.

Broad range for the commodity in the coming week can be seen between 415 – 420 on downside & 445 – 450 on upside.

Copper Outlook for the Week (Feb 05, 2018 – Feb 09, 2018)

EquityPandit’s Outlook for Copper for the week   (Feb 05, 2018 – Feb 09, 2018) :

COPPER:

 

COPPER 1

 

COPPER closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 445 to 448 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 430 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 445 and close the week around the levels of 453.

Support for the commodity lies in the zone of 445 to 448 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 430 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 458 to 462. Resistance for the commodity lies in the zone of 465 to 467 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480.

Broad range for the commodity in the coming week can be seen between 430 – 435 on downside & 465 – 470 on upside.

Copper Outlook for the Week (Jan 29, 2018 – Feb 02, 2018)

EquityPandit’s Outlook for Copper for the week   (Jan 29, 2018 – Feb 02, 2018) :

COPPER:

 

COPPER 1

 

COPPER closed the week on positive note gaining around 0.30%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 458 to 462. Resistance for the commodity lies in the zone of 465 to 467 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480. During the week the commodity manages to hit a high of 458 and close the week around the levels of 452.

Support for the commodity lies in the zone of 445 to 448 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 430 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 458 to 462. Resistance for the commodity lies in the zone of 465 to 467 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480.

Broad range for the commodity in the coming week can be seen between 430 – 435 on downside & 465 – 470 on upside.

Copper Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for Copper for the week   (Jan 22, 2018 – Jan 25, 2018) :

COPPER:

 

COPPER 1

 

COPPER closed the week on negative note losing around 0.60%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 458 to 462. Resistance for the commodity lies in the zone of 465 to 467 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480. During the week the commodity manages to hit a high of 462 and close the week around the levels of 450.

Support for the commodity lies in the zone of 445 to 448 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 430 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 458 to 462. Resistance for the commodity lies in the zone of 465 to 467 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480.

Broad range for the commodity in the coming week can be seen between 430 – 435 on downside & 465 – 470 on upside.

Copper Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for Copper for the week   (Jan 15, 2018 – Jan 19, 2018) :

COPPER:

 

COPPER 1

 

COPPER closed the week on absolutely flat note.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 458 to 462. Resistance for the commodity lies in the zone of 465 to 467 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480. During the week the commodity manages to hit a high of 461 and close the week around the levels of 453.

Support for the commodity lies in the zone of 442 to 445 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 430 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 458 to 462. Resistance for the commodity lies in the zone of 465 to 467 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480.

Broad range for the commodity in the coming week can be seen between 440 – 445 on downside & 465 – 470 on upside.

Copper Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for Copper for the week   ( Jan 08, 2018 – Jan 12, 2018) :

COPPER:

 

COPPER 1

 

COPPER closed the week on negative note losing around 2.90%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 465 to 467 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480. During the week the commodity manages to hit a high of 468 and close the week around the levels of 453.

Support for the commodity lies in the zone of 442 to 445 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 430 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 458 to 462. Resistance for the commodity lies in the zone of 465 to 467 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480.

Broad range for the commodity in the coming week can be seen between 440 – 445 on downside & 465 – 470 on upside.

Copper Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for Copper for the week   Jan 01, 2018 – Jan 05, 2018) :

COPPER:

 

COPPER 1

 

COPPER closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 465 to 467 where the commodity has formed a top in the month of October-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480. During the week the commodity manages to hit a high of 472 and close the week around the levels of 466.

Support for the commodity lies in the zone of 454 to 456 from where the commodity broke out of November-2017 highs. If the commodity manages to close below these levels then the commodity can drift to the levels of 442 to 445 where short term moving averages are lying.

Resistance for the commodity lies in the zone of 465 to 467 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480.

Broad range for the commodity in the coming week can be seen between 450 – 455 on downside & 475 – 480 on upside.

Copper Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for Copper for the week  (Dec 26, 2017 – Dec 29, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on positive note gaining around 3.20%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 450 to 453 where the commodity is facing resistance in the month of Nov-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 465 to 467 where the commodity has formed a top in the month of October-2017. During the week the commodity manages to hit a high of 460 and close the week around the levels of 460.

Support for the commodity lies in the zone of 450 to 453 from where the commodity broke out of November-2017 highs. If the commodity manages to close below these levels then the commodity can drift to the levels of 442 to 445 where short term moving averages are lying.

Resistance for the commodity lies in the zone of 465 to 467 where the commodity has formed a top in the month of October-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480.

Broad range for the commodity in the coming week can be seen between 440 – 445 on downside & 475 – 480 on upside.

Copper Outlook for the Week (Dec 18, 2017 – Dec 22, 2017)

EquityPandit’s Outlook for Copper for the week  (Dec 18, 2017 – Dec 22, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on positive note gaining around 4.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 425 to 427 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 415 to 418 where break out levels and Fibonacci levels are lying. During the week the commodity manages to hit a low of 425 and close the week around the levels of 446.

Support for the commodity lies in the zone of 434 to 436 where medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 450 to 453 where the commodity is facing resistance in the month of Nov-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 465 to 467 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 430 – 435 on downside & 455 – 460 on upside.

Copper Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Copper for the week  (Dec 11, 2017 – Dec 15, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on negative note losing around 3.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 423 and close the week around the levels of 428.

Support for the commodity lies in the zone of 425 to 427 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 415 to 418 where break out levels and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 440 to 443 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 415 – 418 on downside & 440 – 443 on upside.

Copper Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Copper for the week  (Dec 04, 2017 – Dec 08, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on negative note losing around 1.70%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 452 and close the week around the levels of 444.

Support for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 430 – 433 on downside & 453 – 456 on upside.

Copper Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Copper for the week  (Nov 27, 2017 – Dec 01, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on positive note gaining around 2.70%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 443 to 445. Resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 452 and close the week around the levels of 452.

Minor support for the commodity lies in the zone of 445 to 447. Support for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 440 – 443 on downside & 463 – 466 on upside.

Copper Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Copper for the week  (Nov 20, 2017 – Nov 24, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on negative note losing around 1.00%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 440 to 442. Support for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 436 and close the week around the levels of 440.

Support for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 443 to 445. Resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 430 – 433 on downside & 450 – 453 on upside.

Copper Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for Copper for the week  (Nov 13, 2017 – Nov 17, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on negative note losing around 0.30%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 440 to 442. Support for the commodity lies in the zone of 434 to 436 where break out levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 439 and close the week around the levels of 444.

Minor support for the commodity lies in the zone of 440 to 442. Support for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 430 – 435 on downside & 455 – 460 on upside.

Copper Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for Copper for the week  (Nov 06, 2017 – Nov 10, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on absolutely flat note.

As we have mentioned last week, that minor support for the commodity lies in the zone of 440 to 442. Support for the commodity lies in the zone of 434 to 436 where break out levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 443 and close the week around the levels of 446.

Minor support for the commodity lies in the zone of 440 to 442. Support for the commodity lies in the zone of 434 to 436 where break out levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 430 – 435 on downside & 455 – 460 on upside.

Copper Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for Copper for the week  (Oct 30, 2017 – Nov 03, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on negative note losing around 2.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 464 to 466 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 472 to 475. During the week the commodity manages to hit a high of 465 and close the week around the levels of 446.

Minor support for the commodity lies in the zone of 440 to 442. Support for the commodity lies in the zone of 434 to 436 where break out levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 430 – 435 on downside & 455 – 460 on upside.

Copper Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for Copper for the week  (Oct 23, 2017 – Oct 27, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 450 to 452 where the commodity has formed a top in the month of September-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 466 and close the week around the levels of 455.

Support for the commodity lies in the zone of 450 to 452 where the commodity has formed a top in the month of September-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 434 to 436 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 464 to 466 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 472 to 475.

Broad range for the commodity in the coming week can be seen between 440 – 442 on downside & 470 – 472 on upside.

Copper Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Copper for the week  (Oct 16, 2017 – Oct 19, 2017) :

COPPER:

 

COPPER 1

 

COPPER (448.00) closed the week on positive note gaining around 2.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 442 to 445 from where the commodity has sold off. If the commodity manages to close above these levels then the commodity can move to the levels of 450 to 452 where the commodity has formed a top in the month of September-2017. During the week the commodity manages to hit a high of 451 and close the week around the levels of 448.

Minor support for the commodity lies in the zone of 440 to 442. Support for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 426 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 450 to 452 where the commodity has formed a top in the month of September-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 430 – 432 on downside & 460 – 462 on upside.

Copper Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Copper for the week  (Oct 09, 2017 – Oct 13, 2017) :

COPPER:

 

COPPER 1

 

COPPER (438.90) closed the week on positive note gaining around 2.60%.

As we have mentioned last week that minor support for the commodity lies in the zone of 424 to 426. Support for the commodity lies in the zone of 414 to 417 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 400 to 403 where long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 425 and close the week around the levels of 439.

Minor support for the commodity lies in the zone of 432 to 434. Support for the commodity lies in the zone of 425 to 426 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 414 to 417 where break out levels are lying.

Resistance for the commodity lies in the zone of 442 to 445 from where the commodity has sold off. If the commodity manages to close above these levels then the commodity can move to the levels of 450 to 452 where the commodity has formed a top in the month of September-2017.

Broad range for the commodity in the coming week can be seen between 425 – 428 on downside & 450 – 452 on upside.

Copper Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Copper for the week  (Oct 03, 2017 – Oct 06, 2017) :

COPPER:

 

COPPER 1

 

COPPER (427.95) closed the week on positive note gaining around 1.00%.

As we have mentioned last week that resistance for the commodity lies in the zone of 425 to 427. If the commodity manages to close above these levels then the commodity can move to the levels of 432 to 435 from where the commodity has broken down. During the week the commodity manages to hit a high of 433 and close the week around the levels of 428.

Minor support for the commodity lies in the zone of 424 to 426. Support for the commodity lies in the zone of 414 to 417 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 400 to 403 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 432 to 435 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of 442 to 445.

Broad range for the commodity in the coming week can be seen between 415 – 418 on downside & 442 – 445 on upside.

Copper Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Copper for the week  (Sep 25, 2017 – Sep 29, 2017) :

COPPER:

 

COPPER 1

 

COPPER (423.55) closed the week on positive note gaining around 0.80%.

As we have mentioned last week that support for the commodity lies in the zone of 414 to 417 where short term moving averages and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 400 to 403 where long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 417 and close the week around the levels of 423.55.

Support for the commodity lies in the zone of 414 to 417 where short term moving averages and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 400 to 403 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 425 to 427. If the commodity manages to close above these levels then the commodity can move to the levels of 432 to 435 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 412 – 415 on downside & 432 – 435 on upside.

Copper Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Copper for the week  (Sep 18, 2017 – Sep 22, 2017) :

COPPER:

 

COPPER 1

 

COPPER (420.10) closed the week on negative note losing around 2.60%.

Support for the commodity lies in the zone of 414 to 417 where short term moving averages and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 400 to 403 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 424 to 426. If the commodity manages to close above these levels then the commodity can move to the levels of 430 to 432 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 408 – 410 on downside & 430 – 433 on upside.

 

 

Copper Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for Copper for the week  (Aug 28, 2017 – Sep 01, 2017) :

COPPER:

 

COPPER 1

 

COPPER (427.55) closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 422 to 425 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 428 to 430. During the week the commodity manages to hit a high of 431 and close the week around the levels of 428.

Support for the commodity lies in the zone of 422 to 425 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 412 to 415 where high for the November-2016 and February-2017 is lying.

Resistance for the commodity lies in the zone of 428 to 430. If the commodity manages to close above these levels then the commodity can move to the levels of 439 to 441.

Broad range for the commodity in the coming week can be seen between 412 – 415 on downside & 438 – 440 on upside.

Copper Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for Copper for the week  (Aug 21, 2017 – Aug 25, 2017) :

COPPER:

 

COPPER 1

 

COPPER (415.35) closed the week on positive note gaining around 0.70%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 412 to 415 where high for the November-2016 and February-2017 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 422 to 425 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 422 and close the week around the levels of 415.

Support for the commodity lies in the zone of 412 to 415 where high for the November-2016 and February-2017 is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 406 to 408 where the commodity has taken multiple support.

Resistance for the commodity lies in the zone of 422 to 425 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 428 to 430.

Broad range for the commodity in the coming week can be seen between 400 – 403 on downside & 425 – 428 on upside.

Copper Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for Copper for the week  (Aug 14, 2017 – Aug 18, 2017) :

COPPER:

 

COPPER 1

 

COPPER (412.25) closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 412 to 415 where high for the November-2016 and February-2017 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 422 to 425 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 417 and close the week around the levels of 412.

Minor support for the commodity lies in the zone of 408 to 410. Support for the commodity lies in the zone of 400 to 403 where the stock has taken multiple support. If the commodity manages to close below these levels then the commodity can drift to the levels of 395 to 397 where trend-line support for the commodity is lying.

Resistance for the commodity lies in the zone of 412 to 415 where high for the November-2016 and February-2017 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 422 to 425 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 395 – 398 on downside & 422 – 425 on upside.

Copper Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for Copper for the week  (Aug 07, 2017 – Aug 11, 2017) :

COPPER:

 

COPPER 1

 

COPPER (406.70) closed the week on negative note losing around 0.50%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 400 to 403. Support for the commodity lies in the zone of 395 to 397 where trend-line support for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 390 to 392 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 402 and close the week around the levels of 407.

Minor support for the commodity lies in the zone of 400 to 403. Support for the commodity lies in the zone of 395 to 397 where trend-line support for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 390 to 392 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 412 to 415 where high for the November-2016 and February-2017 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 422 to 425 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 390 – 393 on downside & 422 – 425 on upside.

Copper Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for Copper for the week  (July 31, 2017 – Aug 04, 2017) :

COPPER:

 

COPPER 1

 

COPPER (408.90) closed the week on positive note gaining around 5.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 390 to 391 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 395 to 397 where trend-line resistance for the commodity is lying. During the week the commodity manages to hit a high of 414 and close the week around the levels of 409.

Minor support for the commodity lies in the zone of 400 to 403. Support for the commodity lies in the zone of 395 to 397 where trend-line support for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 390 to 392 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 412 to 415 where high for the November-2016 and February-2017 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 422 to 425 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 390 – 393 on downside & 422 – 425 on upside.

Copper Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for Copper for the week  (July 24, 2017 – July 28, 2017) :

COPPER:

 

COPPER 1

 

COPPER (389) closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 385 to 387 where the commodity has formed a top in the month of May-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 390 to 391 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 392 and close the week around the levels of 389.

Minor support for the commodity lies in the zone of 385 to 387. Support for the commodity lies in the zone of 380 to 382 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 375 to 377 where short, medium and 200 Daily moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 390 to 391 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 395 to 397 where trend-line resistance for the commodity is lying.

Broad range for the commodity in the coming week can be seen between 378 – 380 on downside & 397 – 399 on upside.

Copper Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for Copper for the week  (July 17, 2017 – July 21, 2017) :

COPPER:

 

COPPER 1

 

COPPER (383.65) closed the week on positive note gaining around 0.90%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 379 to 381. Support for the commodity lies in the zone of 375 to 376 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 370 to 372 where 200 Daily moving averages and Fibonacci levels are lying. During the week the commodity manages to hit a low of 376 and close the week around the levels of 384.

Minor support for the commodity lies in the zone of 379 to 381. Support for the commodity lies in the zone of 375 to 376 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 370 to 372 where 200 Daily moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 385 to 387 where the commodity has formed a top in the month of May-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 390 to 391 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 370 – 372 on downside & 393 – 395 on upside.

Copper Outlook for the Week (July 10, 2017 – July 14, 2017)

EquityPandit’s Outlook for Copper for the week  (July 10, 2017 – July 14, 2017) :

COPPER:

 

COPPER 1

 

COPPER (380.10) closed the week on negative note losing around 1.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 385 to 387 where the commodity has formed a top in the month of May-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 390 to 391 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 390 and close the week around the levels of 380.

Minor support for the commodity lies in the zone of 379 to 381. Support for the commodity lies in the zone of 375 to 376 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 370 to 372 where 200 Daily moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 385 to 387 where the commodity has formed a top in the month of May-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 390 to 391 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 370 – 372 on downside & 393 – 395 on upside.

Copper Outlook for the Week (July 03, 2017 – July 07, 2017)

EquityPandit’s Outlook for Copper for the week  (July 03, 2017 – July 07, 2017) :

COPPER:

 

COPPER 1

 

COPPER (385.20) closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 375 to 377 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 385 to 387 where the commodity has formed a top in the month of May-2017. During the week the commodity manages to hit a high of 386 and close the week around the levels of 385.

Minor support for the commodity lies in the zone of 379 to 381. Support for the commodity lies in the zone of 375 to 376 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 368 to 370 where 200 Daily moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 385 to 387 where the commodity has formed a top in the month of May-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 390 to 391 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 373 – 375 on downside & 393 – 395 on upside.

Copper Outlook for the Week (June 26, 2017 – June 30, 2017)

EquityPandit’s Outlook for Copper for the week  (June 26, 2017 – June 30, 2017) :

COPPER:

 

COPPER 1

 

COPPER (373.80) closed the week on positive note gaining around 2.30%.

As we have mentioned last week that support for the commodity lies in the zone of 361 to 363 where Fibonacci level are lying. If the commodity manages to close below these levels then the commodity can witness a freefall and can drift to the levels of 350 to 352. During the week the commodity manages to hit a low of 363 and close the week around the levels of 374.

Support for the commodity lies in the zone of 368 to 370 where 200 Daily moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 361 to 363 where Fibonacci level are lying.

Resistance for the commodity lies in the zone of 375 to 377 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 385 to 387 where the commodity has formed a top in the month of May-2017.

Broad range for the commodity in the coming week can be seen between 363 – 365 on downside & 385 – 387 on upside.

Copper Outlook for the Week (June 19, 2017 – June 23, 2017)

EquityPandit’s Outlook for Copper for the week  (June 19, 2017 – June 23, 2017) :

COPPER:

 

COPPER 1

 

COPPER (365.45) closed the week on negative note losing around 3.10%.

As we have mentioned last week that minor support for the commodity lies in the zone of 375 to 376. Support for the commodity lies in the zone of 368 to 370 where 200 Daily moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 361 to 363 where Fibonacci level are lying. During the week the commodity manages to hit a low of 363 and close the week around the levels of 365.

Support for the commodity lies in the zone of 361 to 363 where Fibonacci level are lying. If the commodity manages to close below these levels then the commodity can witness a freefall and can drift to the levels of 350 to 352.

Resistance for the commodity lies in the zone of 368 to 370 where 200 Daily moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 375 to 377 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 350 – 352 on downside & 375 – 377 on upside.

Copper Outlook for the Week (June 12, 2017 – June 16, 2017)

EquityPandit’s Outlook for Copper for the week  (June 12, 2017 – June 16, 2017) :

COPPER:

 

COPPER 1

 

COPPER (377) closed the week on positive note gaining around 2.80%.

As we have mentioned last week that resistance for the commodity lies in the zone of 368 to 370 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 375 to 377 from where the commodity broke down and Fibonacci level are lying. During the week the commodity manages to hit a high of 377 and close the week around the levels of 377.

Minor support for the commodity lies in the zone of 375 to 376. Support for the commodity lies in the zone of 368 to 370 where 200 Daily moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 361 to 363 where Fibonacci level are lying.

Resistance for the commodity lies in the zone of 379 to 381 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 388 to 390 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 366 – 368 on downside & 388 – 390 on upside.

Copper Outlook for the Week (June 05, 2017 – June 09, 2017)

EquityPandit’s Outlook for Copper for the week  (June 05, 2017 – June 09, 2017) :

COPPER:

 

COPPER 1

 

COPPER (367.05) closed the week on absolutely flat note.

As we have mentioned last week that resistance for the commodity lies in the zone of 368 to 370 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 375 to 377 from where the commodity broke down and Fibonacci level are lying. During the week the commodity manages to hit a high of 371 and close the week around the levels of 367.

Support for the commodity lies in the zone of 365 to 366 where 200 Daily moving averages are lying. Support for the commodity lies in the zone of 361 to 363 where Fibonacci level are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 350 to 351 where long term Fibonacci level is lying.

Resistance for the commodity lies in the zone of 368 to 370 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 375 to 377 from where the commodity broke down and Fibonacci level are lying.

Broad range for the commodity in the coming week can be seen between 355 – 357 on downside & 375 – 377 on upside.

Copper Outlook for the Week (May 29, 2017 – June 02, 2017)

EquityPandit’s Outlook for Copper for the week  (May 29, 2017 – June 02, 2017) :

COPPER:

 

COPPER 1

 

COPPER (367.40) closed the week on negative note losing around 0.60%.

As we have mentioned last week that resistance for the commodity lies in the zone of 368 to 370 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 375 to 377 from where the commodity broke down and Fibonacci level are lying. During the week the commodity manages to hit a high of 374 and close the week around the levels of 367.

Minor support for the commodity lies in the zone of 365 to 366. Support for the commodity lies in the zone of 361 to 363 where Fibonacci level and 200 daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 350 to 351 where long term Fibonacci level is lying.

Resistance for the commodity lies in the zone of 368 to 370 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 375 to 377 from where the commodity broke down and Fibonacci level are lying.

Broad range for the commodity in the coming week can be seen between 355 – 357 on downside & 375 – 377 on upside.

Copper Outlook for the Week (May 22, 2017 – May 26, 2017)

EquityPandit’s Outlook for Copper for the week  (May 22, 2017 – May 26, 2017) :

COPPER:

 

COPPER 1

 

COPPER (369.55) closed the week on positive note gaining around 2.70%.

As we have mentioned last week that minor resistance for the commodity lies in the zone of 362 to 364. Resistance for the commodity lies in the zone of 368 to 370 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 375 to 377 from where the commodity broke down and Fibonacci level are lying. During the week the commodity manages to hit a high of 370 and close the week around the levels of 369.

Minor support for the commodity lies in the zone of 365 to 366. Support for the commodity lies in the zone of 361 to 363 where Fibonacci level and 200 daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 350 to 351 where long term Fibonacci level is lying.

Resistance for the commodity lies in the zone of 368 to 370 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 375 to 377 from where the commodity broke down and Fibonacci level are lying.

Broad range for the commodity in the coming week can be seen between 360 – 362 on downside & 377 – 380 on upside.

Copper Outlook for the Week (May 15, 2017 – May 19, 2017)

EquityPandit’s Outlook for Copper for the week  (May 15, 2017 – May 19, 2017) :

COPPER:

 

COPPER 1

 

COPPER (359.80) closed the week on negative note losing around 0.50%.

As we have mentioned last week that minor resistance for the commodity lies in the zone of 364 to 365. Resistance for the commodity lies in the zone of 368 to 370 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 375 to 377 from where the commodity broke down and Fibonacci level are lying. During the week the commodity manages to hit a high of 365 and close the week around the levels of 360.

Minor support for the commodity lies in the zone of 354 to 356. Support for the commodity lies in the zone of 350 to 351 where long term Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 343 to 345.

Minor resistance for the commodity lies in the zone of 362 to 364. Resistance for the commodity lies in the zone of 368 to 370 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 375 to 377 from where the commodity broke down and Fibonacci level are lying.

Broad range for the commodity in the coming week can be seen between 350 – 352 on downside & 372 – 375 on upside.

Copper Outlook for the Week (May 08, 2017 – May 12, 2017)

EquityPandit’s Outlook for Copper for the week  (May 08, 2017 – May 12, 2017) :

COPPER:

 

COPPER 1

 

COPPER (361.45) closed the week on negative note losing around 1.70%.

As we have mentioned last week that minor support for the commodity lies in the zone of 364 to 365. Support for the commodity lies in the zone of 360 to 362 where the commodity has taken support in the month of November-2016 and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 350 to 352 where Fibonacci level is lying. During the week the commodity manages to hit a low of 356 and close the week around the levels of 361.

Support for the commodity lies in the zone of 360 to 362 where the commodity has taken support in the month of November-2016 and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 350 to 352 where Fibonacci level is lying.

Minor resistance for the commodity lies in the zone of 364 to 365. Resistance for the commodity lies in the zone of 368 to 370 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 375 to 377 from where the commodity broke down and Fibonacci level are lying.

Broad range for the commodity in the coming week can be seen between 350 – 352 on downside & 372 – 375 on upside.

Copper Outlook for the Week (May 01, 2017 – May 05, 2017)

EquityPandit’s Outlook for Copper for the week  (May 01, 2017 – May 05, 2017) :

COPPER:

 

COPPER 1

 

COPPER (367.60) closed the week on positive note gaining around 1.30%.

As we have mentioned last week that support for the commodity lies in the zone of 362 to 364 where the commodity has taken support in the month of November-2016 and December-2016. If the commodity manages to close below these levels then the commodity can drift to the levels of 358 to 360 where 200 Daily moving average is lying. During the week the commodity manages to hit a low of 361 and close the week around the levels of 368.

Minor support for the commodity lies in the zone of 364 to 365. Support for the commodity lies in the zone of 360 to 362 where the commodity has taken support in the month of November-2016 and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 350 to 352 where Fibonacci level is lying.

Resistance for the commodity lies in the zone of 368 to 370 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 375 to 377 from where the commodity broke down and Fibonacci level are lying.

Broad range for the commodity in the coming week can be seen between 355 – 357 on downside & 375 – 377 on upside.

Copper Outlook for the Week (April 24, 2017 – April 28, 2017)

EquityPandit’s Outlook for Copper for the week  (April 24, 2017 – April 28, 2017) :

COPPER:

 

COPPER 1

 

COPPER (363.00) closed the week on negative note losing around 0.90%.

As we have mentioned last week that support for the commodity lies in the zone of 362 to 364 where the commodity has taken support in the month of November-2016 and December-2016. If the commodity manages to close below these levels then the commodity can drift to the levels of 358 to 360 where 200 Daily moving average is lying. During the week the commodity manages to hit a low of 357 and close the week around the levels of 363.

Support for the commodity lies in the zone of 362 to 364 where the commodity has taken support in the month of November-2016 and December-2016. If the commodity manages to close below these levels then the commodity can drift to the levels of 358 to 360 where 200 Daily moving average is lying.

Resistance for the commodity lies in the zone of 368 to 370 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 375 to 377 from where the commodity broke down and Fibonacci level are lying.

Broad range for the commodity in the coming week can be seen between 355 – 357 on downside & 375 – 377 on upside.

Copper Outlook for the Week (April 17, 2017 – April 21, 2017)

EquityPandit’s Outlook for Copper for the week  (April 17, 2017 – April 21, 2017) :

COPPER:

 

COPPER 1

 

COPPER (366.20) closed the week on negative note losing around 2.60%.

As we have mentioned last week that support for the commodity lies in the zone of 375 to 376 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 370 to 372 where long term Fibonacci level is lying. Below these levels the commodity can drift to the levels of 362 to 364 where the commodity has taken support in the month of November-2016 and December-2016. During the week the commodity manages to hit a low of 363 and close the week around the levels of 366.

Support for the commodity lies in the zone of 362 to 364 where the commodity has taken support in the month of November-2016 and December-2016. If the commodity manages to close below these levels then the commodity can drift to the levels of 358 to 360 where 200 Daily moving average is lying.

Resistance for the commodity lies in the zone of 370 to 371 where Fibonacci levels and lows for the month of February-2017 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 375 to 377 from where the commodity broke down and Fibonacci level are lying.

Broad range for the commodity in the coming week can be seen between 355 – 357 on downside & 375 – 377 on upside.

Copper Outlook for the Week (April 10, 2017 – April 14, 2017)

EquityPandit’s Outlook for Copper for the week  (April 10, 2017 – April 14, 2017) :

COPPER:

 

COPPER 1

 

COPPER (376.05) closed the week on negative note losing around 1.20%.

As we have mentioned last week that support for the commodity lies in the zone of 380 to 382 where the commodity has taken support on couple of occasions. If the commodity manages to close below these levels then the commodity can drift to the levels of 375 to 376 where Fibonacci level is lying. Below these levels the commodity can drift to the levels of 370 to 372 where long term Fibonacci level is lying. During the week the commodity manages to hit a low of 371 and close the week around the levels of 376.

Support for the commodity lies in the zone of 375 to 376 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 370 to 372 where long term Fibonacci level is lying. Below these levels the commodity can drift to the levels of 362 to 364 where the commodity has taken support in the month of November-2016 and December-2016.

Minor resistance for the commodity lies in the zone of 379 to 381. Resistance for the commodity lies in the zone of 388 to 390 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 393 to 395 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 362 – 364 on downside & 383 – 385 on upside.

Copper Outlook for the Week (April 03, 2017 – April 07, 2017)

EquityPandit’s Outlook for Copper for the week  (April 03, 2017 – April 07, 2017) :

COPPER:

 

COPPER 1

 

COPPER (380.75) closed the week on absolutely flat note.

As we have mentioned last week that minor resistance for the commodity lies in the zone of 384 to 385. Resistance for the commodity lies in the zone of 388 to 390 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 393 to 395 where short term moving averages are lying. During the week the commodity manages to hit a high of 389 and close the week around the levels of 381.

Support for the commodity lies in the zone of 380 to 382 where the commodity has taken support on couple of occasions. If the commodity manages to close below these levels then the commodity can drift to the levels of 375 to 376 where Fibonacci level is lying. Below these levels the commodity can drift to the levels of 370 to 372 where long term Fibonacci level is lying.

Minor resistance for the commodity lies in the zone of 384 to 385. Resistance for the commodity lies in the zone of 388 to 390 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 393 to 395 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 370 – 372 on downside & 388 – 390 on upside.

Copper Outlook for the Week (March 27, 2017 – March 31, 2017)

EquityPandit’s Outlook for Copper for the week (March 27, 2017 – March 31, 2017) :

COPPER:

 

COPPER 1

 

COPPER (380.75) closed the week on a negative note losing around 2.60%.

As we have mentioned last week that minor support for the commodity lies in the zone of 386 to 388. Support for the commodity lies in the zone of 380 to 382 where the commodity has taken support on couple of occasions. If the commodity manages to close below these levels then the commodity can drift to the levels of 375 to 377 where Fibonacci level is lying. During the week the commodity manages to hit a low of 376 and close the week around the levels of 381.

Support for the commodity lies in the zone of 380 to 382 where the commodity has taken support on couple of occasions. If the commodity manages to close below these levels then the commodity can drift to the levels of 375 to 376 where Fibonacci level is lying.

Minor resistance for the commodity lies in the zone of 384 to 385. Resistance for the commodity lies in the zone of 388 to 390 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 393 to 395 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 375 – 377 on downside & 388 – 390 on upside.

Copper Outlook for the Week (March 20, 2017 – March 24, 2017)

EquityPandit’s Outlook for Copper for the week (March 20, 2017 – March 24, 2017) :

COPPER:

 

COPPER 1

 

COPPER (390.75) closed the week on a positive note gaining around 2.10%.

As we have mentioned last week that minor support for the commodity lies in the zone of 379 to 380. Support for the commodity lies in the zone of 375 to 377 where Fibonacci level are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 368 to 370. During the week the commodity manages to hit a low of 379.50 and close the week around the levels of 391.

Minor support for the commodity lies in the zone of 386 to 388. Support for the commodity lies in the zone of 380 to 382 where the commodity has taken support on couple of occasions. If the commodity manages to close below these levels then the commodity can drift to the levels of 375 to 377 where Fibonacci level is lying.

Minor resistance for the commodity lies in the zone of 388 to 390 where Fibonacci levels are lying. Resistance for the commodity lies in the zone of 393 to 395 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 405 to 407 where trend-line joining earlier highs is lying.

Broad range for the commodity in the coming week can be seen between 380 – 382 on downside & 400 – 403 on upside.

Copper Outlook for the Week (March 13, 2017 – March 17, 2017)

EquityPandit’s Outlook for Copper for the week (March 13, 2017 – March 17, 2017) :

COPPER:

 

COPPER 1

 

COPPER (382.80) closed the week on a negative note losing around 4.00%.

As we have mentioned last week that support for the commodity lies in the zone of 388 to 390 where Fibonacci level and low for the month of February-2017 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 382 to 384 from where the commodity broke out after consolidation and medium term moving averages are lying. During the week the commodity manages to hit a low of 379 and close the week around the levels of 383.

Minor support for the commodity lies in the zone of 379 to 380. Support for the commodity lies in the zone of 375 to 377 where Fibonacci level are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 368 to 370.

Minor resistance for the commodity lies in the zone of 385 to 386. Resistance for the commodity lies in the zone of 388 to 390 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 393 to 395 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 368 – 370 on downside & 395 – 397 on upside.

Copper Outlook for the Week (March 06, 2017 – March 10, 2017)

EquityPandit’s Outlook for Copper for the week (March 06, 2017 – March 10, 2017) :

COPPER:

 

COPPER 1

 

COPPER (398.50) closed the week with a positive note gaining around 1.10%.

As we have mentioned last week that support for the commodity lies in the zone of 390 to 392 where Fibonacci level and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 382 to 384 from where the commodity broke out after consolidation. During the week the commodity manages to hit a low of 390.50 and close the week around the levels of 398.50.

Support for the commodity lies in the zone of 388 to 390 where Fibonacci level and low for the month of February-2017 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 382 to 384 from where the commodity broke out after consolidation and medium term moving averages are lying.

Minor resistance for the commodity lies in the zone of 398 to 400. Resistance for the commodity lies in the zone of 406 to 407 where trend-line joining highs of 414.80 and 409.50 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 414 to 416 where the commodity has made a high in the month of November-2016.

Broad range for the commodity in the coming week can be seen between 388 – 390 on downside & 410 – 412 on upside.

Copper Outlook for the Week (February 27, 2017 – March 03, 2017)

EquityPandit’s Outlook for Copper for the week (February 27, 2017 – March 03, 2017) :

COPPER:

 

COPPER 1

 

COPPER (394) closed the week with a negative note losing around 1.50%.

As we have mentioned last week that resistance for the commodity lies in the zone of 406 to 407 where trend-line joining highs of 414.80 and 409.50 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 414 to 416 where the commodity has made a high in the month of November-2016. During the week the commodity manages to hit a high of 407 and close the week around the levels of 394.

Support for the commodity lies in the zone of 390 to 392 where Fibonacci level and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 382 to 384 from where the commodity broke out after consolidation.

Minor resistance for the commodity lies in the zone of 396 to 398. Resistance for the commodity lies in the zone of 406 to 407 where trend-line joining highs of 414.80 and 409.50 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 414 to 416 where the commodity has made a high in the month of November-2016.

Broad range for the commodity in the coming week can be seen between 382 – 384 on downside and 404 – 406 on upside.

Copper Outlook for the Week (February 20, 2017 – February 24, 2017)

EquityPandit’s Outlook for Copper for the week (February 20, 2017 – February 24, 2017) :

COPPER:

 

COPPER 1

 

COPPER (400.20) closed the week with a negative note losing around 1.95% .

As we have mentioned last week that the commodity has closed around the resistance zone of 408 to 409 where trend-line joining highs of 414.80 and 409.50 is lying. Resistance for the commodity lies in the zone of 414 to 416 where the commodity has made a high in the month of November-2016. If the commodity manages to close above these levels then the commodity can move to the levels of 422 to 425 where monthly Fibonacci levels are lying and from where the commodity sold off in the month of May-2015. During the week the commodity manages to hit a high of 414.75 and close the week around the levels of 400.20.

Minor support for the commodity lies in the zone of around 399 to 400. Support for the commodity lies in the zone of 390 to 392 where Fibonacci level and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 382 to 384 from where the commodity broke out after consolidation.

Resistance for the commodity lies in the zone of 406 to 407 where trend-line joining highs of 414.80 and 409.50 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 414 to 416 where the commodity has made a high in the month of November-2016.

Broad range for the commodity in the coming week can be seen between 390 – 392 on downside and 408 – 410 on upside.

Copper Outlook for the Week (February 13, 2017 – February 17, 2017)

EquityPandit’s Outlook for Copper for the week (February 13, 2017 – February 17, 2017) :

COPPER:

 

COPPER 1

 

COPPER (408.15) closed the week with a positive note gaining around 5.30%.

Minor support for the commodity lies in the zone of around 399 to 400. Support for the commodity lies in the zone of 390 to 392 where Fibonacci level and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 382 to 384 from where the commodity broke out after consolidation.

The commodity has closed around the resistance zone of 408 to 409 where trend-line joining highs of 414.80 and 409.50 is lying. Resistance for the commodity lies in the zone of 414 to 416 where the commodity has made a high in the month of November-2016. If the commodity manages to close above these levels then the commodity can move to the levels of 422 to 425 where monthly Fibonacci levels are lying and from where the commodity sold off in the month of May-2015.

Broad range for the commodity in the coming week can be seen between 398 – 400 on downside and 418 – 420 on upside.