What to happen today in Copper, Aluminium, USD/INR markets? Maximize your profit and minimize your loss.

20^th, September, 2022                                                                             

Commodity	Buy level (LME) Near	Sell level (LME) Near	48 Hours range	10 Days range
Copper	≤7650	≥7800	7650 – 7800	7600 –  8000
Aluminium	≤2250	≥2350	2240 – 2280	2225 – 2350
INR	≤79.30	≥79.80	79.50 – 79.80	79.30  – 80.10

 

 

 

 

OUR VIEW

Copper        – Looks to Bullish.

                        Better to sell, Buy ≤ 7650, Sell ≥ 7800

Aluminium – Looks to bullish.

                        Better to buy, Buy ≤ 2250, Sell ≥ 2350

 USD/INR   – INR looks to strong.

                        Better to sell, Buy ≤ 79.30, Sell ≥ 79.80               

 FACTOR AFFECTING MARKET 

·        One interesting thing we can notice that equity markets are performing good.

·        It looks no fear of Fed’s rate hike, so we can assume some good and positive outcome by tomorrow’s Fed meeting.

·        One behavioral pattern of China is also get noticed that one day it raise demand and other day it reduced demand.

·         Same is happing with their bank crisis and pandemic crisis.

·        According to me whenever we get some bad news from china, in next couple of days commodity market perform positively.

·        INR also getting good support from crude price and foreign in flow.  

 Previous forecasting results achieved, showing in Red:

 

Commodity	48 Hours range	10 Days range
Copper	7700(19/09) – 7850	7550 – 8000
Aluminium	2250(19/09) – 2290(19/09)	2240(19/09) – 2380
INR	79.50(19/09)  – 79.85(19/09)	79.20  – 80.10

 

 

 

 Find previous research, all you need to know.

https://buysellbs.blogspot.com/2022/09/how-feds-action-will-decide-future-of.html

Thank you

Rahul Mudra

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