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In the chart of MCX copper important technical levels are
445.55, 435.20, 427.10, 419.00
Presently trading above 427.10 level with upside confirmation
If it sustains below 435.10 level than strategy should be sell in rise and at the same time, if it breaches the 427.10 level than also continue the same strategy as more confirm downside.
If it sustains above 427.10 level than strategy should be buy in dips and at the same time, if it breaches the 435.20 level than also continue the same strategy as more confirm upside.
Very strong support seen on charts near 419 level.
The cluster of candles is there on this level.
The cluster of candles is there on this level.
Very strong resistance seen on charts near 445.55 level
It is expected that if it will break the strong level either 419.00 or 445.55 than it will not touch the opposite level within next 26 days. It means, if it breaches the 445.55 level than it will not touch the 419.00 level within given time frame or vice versa.
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