Profit Play Profit Play is Technical Research Company and We Provide PMS Services, Investment and Trading Advise to Our Clients in MCX Commodities and NSE Stocks/Index. We are also traders in MCX and NSE Markets.

Fresh Breakout in Copper and Lead Comex Charts

35 sec read

copper COMEX

 

COPPER COMEX (27-March-2013) recently on weekly charts gave a breakdown of a classical symmetrical Triangle Pattern and Next Support is @3.20 $ Selling Opportunity Lies at current Levels. Major Profit Booking has been Seen in Commodities including Precious Metals and Base Metals.

Now Trading Near to levels around 3.4200 $. Here the Breakout on the weekly charts we suggest one can Initiate a Short Position on Copper MCX also following the Levels at COPPER COMEX.

LEAD

Fresh Breakout on The Charts of LEAD COMEX. Broke a Strong Trend line support Levels on Daily Charts. Next Support @1920 $ One Can Initiate a Short Position and Any bounce back towards higher level will be a selling opportunity.

Now Trading Near to Levels around 2115$ and further correction can can take LEAD COMEX around next Support @1920$. Based on the Breakdown on Daily charts Trend line support we suggest to Initiate Short Position at current levels and any any bounce back at higher levels will be a opportunity to take a short position.

Profit Play Profit Play is Technical Research Company and We Provide PMS Services, Investment and Trading Advise to Our Clients in MCX Commodities and NSE Stocks/Index. We are also traders in MCX and NSE Markets.

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