MCX COPPER Weekly Analysis 06 May-10 May 2024

By | May 5, 2024 8:19 am

MCX COPPER  Gann Angle Chart

 

COPPER has reacted from its gann angle resistance zone of 870 confirming short term top is done.

 

MCX COPPER  Supply Demand Zone

MCX COPPER  Supply Demand Chart : Supply  in range of  856-860, Demand in range of 836-832

MCX COPPER Harmonic Analysis

Alternate ABCD Pattern completed the pattern Now heading towards 836/830 once below 850.

COPPER Astro/Gann Trend Change Date

05 May Important Gann/Astro Date for Trend Change

Weekly Trend Change Level:856

Weekly Resistance:862,868,874,880

Weekly Support: 850,842,836,830

Levels Mentioned are for Current Month Future

As always, it’s essential to closely monitor market movements and make informed decisions based on a well-thought-out trading plan and risk management strategy. Market conditions can change rapidly, and it’s crucial to be adaptable and cautious in your approach.

Trade smartly and safely.
Category: Commodities COPPER

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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