BUYSELLBS

Thursday, November 24, 2022

Will it be a day of profit? What to happen today in Copper, Aluminium, USD/INR markets? Maximize your profit and minimize your loss.

24^th, NOVEMBER, 2022

Commodity	Buy level (LME) Near	Sell level (LME) Near	48 Hours range	10 Days range
Copper	≤7850	≥8150	7920 – 8150	7800 – 8380
Aluminium	≤2300	≥2400	2380 – 2430	2300 – 2450
INR	≤81.50	≥82.00	81.50 – 81.80	81.20 – 82.00

Hindi version also available at below.

OUR VIEW

Copper – Looks to Bullish.

Better to sell, Buy ≤ 7850, Sell ≥ 8150

Aluminium – Looks to Bullish but not demanded.

Better to sell, Buy ≤ 2300, Sell ≥ 2400

USD/INR – INR looks to strong but for short run.

Better to sell, Buy ≤ 81.50, Sell ≥ 82.00

FACTOR AFFECTING MARKET

· As sentiments are improving Copper and Aluminium will have a good day reasons:

1) May fed official believes that they can slow the interest rate hike.

2) China’s demand rise as covid situation got ease.

3) Tight supply of copper also may boost the price.

4) However, Aluminium is not rise as it should demand is low for Aluminium

5) But Aluminium demand will improve soon and will support its price levels.

· As we said on 22th, November 2022 in our blog, also confirm in “Asian industry week”.

(i) Ev(Electric Vehicle) vehicle era to start (Aluminium)

(ii) Due to Ev, Demand of semiconductor tom rise (Copper)

(iii) Due to Ev, Batteries demand also rise (Lead)

· INR still enjoying its good days but be prepare for down (weakness) in INR.

Previous forecasting results achieved, showing in Red:

Commodity	48 Hours range	10 Days range
Copper	7900 – 8125	7700 – 8200
Aluminium	2375(23/11) – 2425(23/11)	2300 – 2450(23/11)
INR	81.50 – 81.80(23/11)	81.30 – 82.00(23/11)

Find previous three research, all you need to know.

https://buysellbs.blogspot.com/2022/11/will-it-be-quiet-day-todays-or.html

https://buysellbs.blogspot.com/2022/11/may-market-looks-to-chance-momentum.html

https://buysellbs.blogspot.com/2022/11/how-feds-statements-are-disturbing.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, ≤ 7850 खरीदें, ≥ 8150 बेचें

एल्युमिनियम - तेजी का रुख है लेकिन मांग नहीं है।

                     बेचना बेहतर है, ≤ 2300 खरीदें, ≥ 2400 बेचें

 USD/INR   - INR मजबूत दिखता है लेकिन अल्पावधि के लिए।

                     बेचना बेहतर है, ≤ 81.50 खरीदें, ≥ 82.00 बेचें

बाजार को प्रभावित करने वाले कारक

• जैसा कि धारणा में सुधार हो रहा है तांबे और एल्युमीनियम के अच्छे दिन होने के कारण हैं:

        1)  फेड अधिकारी का मानना है कि वे ब्याज दर वृद्धि को धीमा कर सकते हैं।

        2) कोविड की स्थिति आसान होने से चीन की मांग बढ़ी।

        3) तांबे की तंग आपूर्ति से भी कीमतों में तेजी आ सकती है।

        4) हालांकि, एल्युमिनियम नहीं बढ़ रहा है क्योंकि एल्युमिनियम की मांग कम है

        5) लेकिन एल्युमीनियम की मांग में जल्द ही सुधार होगा और इसके मूल्य स्तरों को

            समर्थन मिलेगा।

• जैसा कि हमने अपने ब्लॉग में 22 नवंबर, 2022 को कहा था, "एशियाई उद्योग सप्ताह" में

   भी इसकी पुष्टि करें

         (i) ईवी (इलेक्ट्रिक वाहन) वाहन युग शुरू करने के लिए (एल्यूमीनियम)

         (ii) ईवी के कारण सेमीकंडक्टर टॉम की मांग बढ़ जाती है (तांबा)

        (iii) ईवी के कारण बैटरी की मांग भी बढ़ती है (लीड)

• INR अभी भी अपने अच्छे दिनों का आनंद ले रहा है लेकिन INR में गिरावट (कमजोरी)

  के लिए तैयार रहें।

Tuesday, November 22, 2022

Will it be a quiet day todays or something to happen? What to happen today in Copper, Aluminium, USD/INR markets? Maximize your profit and minimize your loss.

23^th, NOVEMBER, 2022

Commodity	Buy level (LME) Near	Sell level (LME) Near	48 Hours range	10 Days range
Copper	≤7800	≥8200	7900 – 8125	7700 – 8200
Aluminium	≤2300	≥2400	2375 – 2425	2300 – 2450
INR	≤81.40	≥81.90	81.50 – 81.80	81.30 – 82.00

Hindi version also available at below.

OUR VIEW

Copper – Looks to Bullish.

Better to hold, Buy ≤ 7800, Sell ≥ 8200

Aluminium – Looks to Bullish.

Better to sell, Buy ≤ 2300, Sell ≥ 2400

USD/INR – INR is weak.

Should looks to sell, Buy ≤ 81.40, Sell ≥ 81.90

FACTOR AFFECTING MARKET

· Market is unable to find direction but Copper and Aluminium are fundamentally strong.

· Any good news can boost the market as in spite of some hard time in the market, market are not go so down as it should.

· Better to have wait and watch strategy, if you are in profit book it and if you are in loss wait for rise if you can, which is possible.

· INR is not fundamentally strong but still playing positively so take advantage of that although no major movement is seen.

Previous forecasting results achieved, showing in Red:

Commodity	48 Hours range	10 Days range
Copper	7900(22/11) – 8200	7800 – 8400
Aluminium	2350(22/11) – 2425(22/11)	2300 – 2450(22/11)
INR	81.40 – 81.80(22/11)	81.00 – 82.25

Find previous three research, all you need to know.

https://buysellbs.blogspot.com/2022/11/may-market-looks-to-chance-momentum.html

https://buysellbs.blogspot.com/2022/11/how-feds-statements-are-disturbing.html

https://buysellbs.blogspot.com/2022/11/it-looks-quite-day-in-market-why-what.html

Thank you

Rahul Mudra

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