MCX Copper 4 Hourly Supertrend Charts

copper 4 hourly charts

Charts shown here is 4 hourly chart of MCX Copper Futures Chart with Supertrend indicator(Factor=2,Param=11). Currently the support zone comes near 444.48 breaking below this zone could push MCX copper into a weaker zone in medium term.

After Market Hours Update – Copper ends in a Medium Term Sell Signal with stop loss 448.65

copper 4 hourly charts - updated

Related Readings and Observations

  • Crude Technical Analysis – Continue Holding Support. Crude continue trading in tight range after finding a support just under $90 mark as mention in our last article. Last few days trading showing a slow down in downside movement while the […]
  • Crude Technical Analysis – Corrective Bounce Ahead? Now crude is trading around $92.40 & the bounce $90 mark is well  supported by many factors like 261.8% February retracement. , a lower trendline of descending channel as well as a […]
  • Copper Technical Analysis – Multiple Support Zones Now copper is trading around $3.0693 & as we can see on charts, its reaching to the lower tradeline current descending channel. However the momentum is very strong & it may break […]
  • Crude Oil Awaiting Bounce? Now Crude Oil is trading around $94.30 & as we can see on chart, as crude bounced back from $92.50 mark & this area providing support since may 2013. We have witness consecutive 3 […]

Comments

  1. IndieTech says

    Rajandran Sir,

    Pls include MCX Natural Gas live chart along with other 4 commodities. Natural Gas is very liquid and tradable -- actually, it is better than Copper. Kindly include a link of live Natural Gas with SuperTrend somewhere if not on your “Live Charts” page.

    Thanks in advance.

  2. Ravikumar says

    really u r doing great job to learners and a person in commodity doing great service. keep it up.
    u r asset for the traders, All the best

  3. Leslie says

    Where can I get RT data for MCX (like Google Finance..). I’m really a beginner to Com trading. Please help kindly. Thanks so much :)

  4. kannan says

    Supertrend works on a trending market, however it loss money during the range bound markets. How can this be addressed? How can super trend can be tweaked to work during the range bound scenario? Pls suggest.

  5. DEEPAK says

    how to apply super trend chart to price(foreign) chart in amibroker..
    when i apply super trend , it is showing trend for the main symbol..

  6. DEEPAK says

    how to apply super trend chart to price(foreign) chart in amibroker..
    when i apply super trend , it is showing trend for the main symbol..

    thanks in advance

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