Saturday, 4 August 2012

Copper.

Please take a look at chart of Copper along with Atr.

Copper has taken support at 409 range and now next target with Atr range of approximately 5 rs will be good resistance.


First target of Copper now is 417 range and Second Target is 423 range.

If first target breaks it will become support going ahead in Future.

Stop loss now is closure of 1 hr candle below 410.

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