05th, DECEMBER, 2022
|
Commodity |
Buy level (LME) Near |
Sell level (LME) Near |
48 Hours range |
10 Days range |
|
Copper |
≤8200 |
≥8350 |
8300 – 8550 |
8100 – 8600 |
|
Aluminium |
≤2350 |
≥2425 |
2475 – 2540 |
2400 – 2600 |
|
INR |
≤81.20 |
≥81.80 |
81.40 – 81.80 |
81.20 – 82.10 |
Hindi version also available at below.
OUR
VIEW
Copper
– Looks to Bullish.
Better to sell, Buy ≤ 8250, Sell ≥ 8500
Aluminium – Looks to Bullish.
Better to sell, Buy ≤ 2400,Sell ≥ 2500
USD/INR – INR looks
to weak but will give chance of buying
again.
Better to buy, Buy ≤ 81.40, Sell ≥ 81.60
FACTOR
AFFECTING MARKET
·
Copper and Aluminium looks strong as China ease covid
restriction in many cities which will boost the demand.
·
Dollar gets
strong due to Fed’s rate increasing is near about.
·
I believe that
reversal should come so better to sell at these rates and wait for new buying.
·
INR get
shock due to Dollar time of Fed’s rate hike is near but will give chance to buy
again.
Previous forecasting results achieved, showing in Red:
|
Commodity |
48 Hours range |
10 Days range |
|
Copper |
8250(02/12) – 8425(02/12) |
8100 – 8600 |
|
Aluminium |
2400 – 2475(02/12) |
2300 – 2500(02/12) |
|
INR |
81.05(02/12) – 81.40(02/12) |
80.90 – 82.00 |
Find
previous three research, all you need to know.
https://buysellbs.blogspot.com/2022/12/will-rally-continue-or-twist-is-about.html
https://buysellbs.blogspot.com/2022/11/is-christmas-come-early-as-market-is.html
https://buysellbs.blogspot.com/2022/11/how-far-copper-and-aluminium-will-go.html
Thank you
Rahul Mudra
Disclaimer: This article is for Study and research purpose. Request you
to use your wisdom before applying it.
Hindi translation from Google Translate.
हमारा विचार
तांबा - तेजी का रुख है।
बेचना बेहतर है, ≤ 8250 खरीदें, ≥ 8500 बेचें
एल्युमीनियम- तेजी का रुख है।
बेचने के लिए बेहतर, ≤ 2400 खरीदें, ≥ 2500 बेचें
USD/INR - INR कमजोर दिख रहा है लेकिन खरीदारी का मौका देगा
फिर से। खरीदना बेहतर है, ≤ ≤ 81.40 खरीदें, ≥ 81.60 बेचें
बाजार को प्रभावित करने वाले कारक
• तांबा और एल्युमीनियम मजबूत दिख रहा है क्योंकि चीन ने कई शहरों में कोविड प्रतिबंध में ढील दी है जिससे मांग को बढ़ावा मिलेगा।
• फेड की दर बढ़ने के कारण डॉलर मजबूत हुआ है।
• मेरा मानना है कि इन दरों पर बेचने के लिए रिवर्सल आना चाहिए और नई खरीदारी की प्रतीक्षा करनी चाहिए।
• डॉलर की वजह से भारतीय रुपये को झटका लगा है, फेड की दर वृद्धि का समय निकट
है लेकिन फिर से खरीदने का मौका देगा।
