Still some positive in market, what are these positives? What to happen today in Copper, Aluminium, USD/INR markets? Maximize your profit and minimize your loss.

 

22^th, September, 2022                                                                             

Commodity	Buy level (LME) Near	Sell level (LME) Near	48 Hours range	10 Days range
Copper	≤7600	≥7800	7575 – 7750	7500 –  8000
Aluminium	≤2240	≥2350	2225 – 2280	2200 – 2325
INR	≤80	≥any level above 80	80.25 – 80.80	79.80  – 81

 

 

 

 

OUR VIEW

Copper        – Looks to bullish but will remain down today.

                        Better to sell, Buy ≤ 7600, Sell ≥ 7800

Aluminium – Looks to bullish but will remain down today.

                        Better to buy, Buy ≤ 2240, Sell ≥ 2350

 USD/INR   – INR looks to weak and panic.

                        Better to sell, Buy ≤ 80, Sell ≥ any level above 80               

 FACTOR AFFECTING MARKET 

·        Along with expected fed hike, the war may be more aggressive between Russia and Ukraine has put pressure on market.

·        Fed hike 75 BPS, However we were in thought of 50 BPS.

·        In spite of both these news, Copper and Aluminium markets are still playing in range, no major down fall registered.

·        Both these news too discounted in next couple of days and we will see some gain in it.

·        INR looks weak as war situation escalate, and people are turning towards gold investment but RBI will clam the turning as they are meeting 0n 30^th September.  

 Previous forecasting results achieved, showing in Red:

 

Commodity	48 Hours range	10 Days range
Copper	7650(21/09) – 7800(21/09)	7500 – 8000
Aluminium	2230(21/09) – 2280(21/09)	2225(21/09) – 2350
INR	79.50  – 79.90(21/09)	79.30  – 80.10(21/09)

 

 

 

 Find previous research, all you need to know.

https://buysellbs.blogspot.com/2022/09/what-will-be-effect-of-feds-action.html

Thank you

Rahul Mudra

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