Mcx Copper and Lead Report 2nd July 2019

Insignia Consultants

New Delhi

Tuesday, July 2, 2019

TIME 9:24 AM IST                   

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MCX COPPER AND LEAD REPORT

If copper and lead fall today and tomorrow, then just might move into a short term bearish phase.

Copper July 2019:  (previous day close/CMP Rs.443.45)

1. Copper needs to trade over 442.50-443 zone to rise to 450 and 453.
2. Crash will be there below 442.50 to 439.90 and 436.80.
3. Remain on the sidelines.

Lead July 2019: (previous day close/CMP Rs.154.20):

o      Lead needs to trade over 153.20 to rise to 156 and 157.

o      Crash will be there if (a) lead does not break 158 by Friday (b) Lead falls below 151.10.

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading.Website www.insigniaconsultants.in. Prepared by Chintan Karnani

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NOTES TO THE ABOVE REPORT

ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED

PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
APPROPRIATE STOP LOSSES PER LOT IN INDIAN RUPEEES ON THE TRADING CALLS GIVEN IN THIS REPORTTHE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
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