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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