MCX Copper Trend - Support and Resistance Levels


Overall MCX Copper Trend for today, tomorrow, current & next week and month

Last Update: 01-12-2023

Trend

Signal

Intraday

Up Trend

Short Term

Up Trend

Long Term

Up Trend

Below copper trend support, resistance and technical levels charts are updated between 9.15 to 9.30 am daily. You can make use of the below charts and price levels to make your own trading decisions. Weekly & Monthly support resistance levels are significant market turnaround reversal or breakout levels to look out for. We master in reversal and break out analysis. The daily, weekly, monthly support and resistance levels plotted below can be used for either exit-entry or entry-exit. These forecasts are valid from intraday to short term to long term.

MCX Copper Trend Today


MCX copper is currently in Up Trend for intraday. The below intraday analysis & price levels are calculated using commodityquant's advance pivot point formula and valid only for today's session​.

MCX Copper Trend

Intraday Copper Tips & Target for Today, MCX, India

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

721.85

719.92

722.81

724

725.93

Sell below

719.92

721.85

718.95

717.44

715.83

We also expect the commodity copper futures to react on the below support and resistance levels for today.

Intraday Copper Resistance Levels

Daily Resistance R1

Daily Resistance R2

Daily Resistance R3

724.07

725.93

729.12

Intraday Copper Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

719.02

715.83

713.97

Earnometer Copper


Below earnometer copper power levels & charts are based on a simple but most powerful concept, if the price breaks the yesterday, two days before or three days before high or low, it will most likely continue in the direction of the breakout. Below levels acts as powerful support & resistances as well, either breakout or reversal can happen on these levels. Kindly make use of the below charts to make your own trading decisions.

Earnometer Copper  Levels

Price

Three Days Before High

722.9

Two Days Before High

723.85

Yesterdays High

722.75

Pivot

720.88

Yesterdays Low

717.7

Two Days Before Low

718.55

Three Days Before High

716.05

Earnometer Copper Update:

Earnometer Copper

Important Copper Intraday Levels for today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

756.35

4MH

Four Month before High

757.35

3MH

Three Month before High

747.4

2MH

Two Month before High

718

LMH

One Month before High

726.15

CMH

Current Month High

727.65

4WH

Four Week before High

717

3WH

Three Week before High

718.5

2WH

Two Week before High

719.5

1WH

One Week before High

726.15

CWH

Current Week High

727.65

PDH

Yesterdays High

722.75


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

713.8

4ML

Four Month before Low

717.3

3ML

Three Month before Low

707.15

2ML

Two Month before Low

694.6

1ML

One Month before Low

701.5

CML

Current Month Low

726.65

4WL

Four Week before Low

705

3WL

Three Week before Low

702.75

2WL

Two Week before Low

701.5

1WL

One Week before Low

718.3

CWL

Current Week Low

716.05

PDL

Yesterdays Low

717.7

Short Term Copper Trend


According to quant's technical analysis, mcx copper is currently in Up Trend for short term. The below analysis & forecast is valid for tomorrow & current week.

Short Term Copper Trend

Short Term Copper Buy or Sell Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

723.67

720.67

725.17

727.02

730.02

Sell below

720.67

723.67

719.17

716.82

714.32

We also anticipate the commodity copper futures to respond on the below support and resistance levels for this week.

Short Term Copper Resistance Levels

Weekly Resistance R1

Weekly Resistance R2

Weekly Resistance R3

726.03

730.02

733.88

Short Term Copper Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

718.18

714.32

710.33

Long Term Copper Price Trend


Long Term Trend - Copper is currently in Up Trend for long term. The above forecast is valid for the current month.

MCX Copper Long Term Price Trend

Copper Price Long Term MCX Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

721.32

711.91

726.03

731.85

741.27

Sell below

711.91

721.32

707.2

699.83

691.97

In addition, we expect the commodity copper futures to respond on the following resistance and support levels for this particular month.

Long Term Copper Resistance Levels

Monthly Resistance R1

Monthly Resistance R2

Monthly Resistance R3

731.73

741.27

756.38

Long Term Copper Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

707.08

691.97

682.43

Copper Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



737.55

724.98

Resistance 3 (R3)

729.12

725.93

732.5

723.59

Resistance 2 (R2)

725.93

724

727.62

723.13

Resistance 1 (R1)

724.07

722.81

727.45

722.66

Pivot Point

720.88

720.88

722.57

720.88

Support 1 (S1)

719.02

718.95

722.4

721.74

Support 2 (S2)

715.83

717.76

717.52

721.27

Support 3 (S3)

713.97

715.83

717.35

720.81

Support 4 (S4)



712.3

719.42

Copper Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



741.98

726.37

Weekly R3

733.88

730.02

734.13

724.21

Weekly R2

730.02

727.02

730.14

723.49

Weekly R1

726.03

725.17

726.27

722.77

Weekly Pivot Point

722.17

722.17

722.29

722.17

Weekly S1

718.18

719.17

718.42

721.33

Weekly S2

714.32

717.32

714.44

720.61

Weekly S3

710.33

714.32

710.57

719.89

Weekly S4



702.72

717.73

Copper Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



786.55

735.76

Monthly R3

756.38

741.27

761.9

728.98

Monthly R2

741.27

731.85

744.03

726.72

Monthly R1

731.73

726.03

737.25

724.46

Monthly Pivot Point

716.62

716.62

719.38

716.62

Monthly S1

707.08

707.2

712.6

719.94

Monthly S2

691.97

701.38

694.72

717.68

Monthly S3

682.43

691.97

687.95

715.42

Monthly S4



663.3

708.64

Get the powerful support and resistance MCX Trend analysis of the 16 major commodities listed on the multi-commodity exchange of India. Technical copper market trends analysis is done every day and updated between 9.15 to 9.30 am on a daily basis.