Wednesday, September 28, 2022

Market is tumbling day by day. What any chance of recovery? What to happen today in Copper, Aluminium, USD/INR markets? Maximize your profit and minimize your loss.

28th, September, 2022                                                                             

Commodity

Buy level (LME) Near

Sell level (LME) Near

48 Hours range

10 Days range

Copper

 7200

7500

7200 – 7400

7100 –  7500

Aluminium

 2125

2300

2100 – 2175

2050 – 2250

INR

81

82

81.60 – 82.00

81.00  – 82.00

 

 

 

 

OUR VIEW

Copper        – Looks to Bearish but recovery chance are bright.

                        Better to sell, Buy  7200, Sell ≥ 7500

Aluminium – Looks to Bearish but speedy recovery is expected.

                        Better to buy, Buy  2125, Sell ≥ 2300

 USD/INR    Looks to weak but will protect by RBI to protect 82 level.

                        Better to sell, Buy  81, Sell ≥ 82           

 FACTOR AFFECTING MARKET

·        Recession and slowdown expectation is a reason for market falling.

·        Across to globle, interest hike is evidence for it.

·        In short run, we can see recovery in Copper and Aluminium.

·        Indian Rupee future will be clear on RBI meeting i.e. on 30th September, 2022.

·        Try to minimize your loss on every opportunity you get.

 Previous forecasting results achieved, showing in Red:

 

Commodity

48 Hours range

10 Days range

Copper

7250(27/09)  7400(27/09)

7100 – 7600

Aluminium

2150(27/09)  2220

2125(27/09) – 2300

INR

80.90   81.50(27/09)

80.60  – 81.80(27/09)

 

 

 

 Find previous three research, all you need to know.

https://buysellbs.blogspot.com/2022/09/are-we-going-toward-recession-what-to.html

https://buysellbs.blogspot.com/2022/09/how-to-remain-safe-in-this-panic-what.html

https://buysellbs.blogspot.com/2022/09/what-to-happen-today-in-copper_23.html

Thank you

Rahul Mudra

Disclaimer: This article is for Study and research purpose. Request you to use your wisdom before applying it. 

 

 

  


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