MCX Copper Trend - Support and Resistance Levels


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

Last Update: 25-01-2023

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

786.29

783.98

787.44

788.87

791.18

Sell below

783.98

786.29

782.82

781.01

779.08

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

788.62

791.18

794.67

Intraday Copper Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

782.57

779.08

776.52

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

779.2

Two Days Before High

783

Yesterdays High

787.7

Pivot

785.13

Yesterdays Low

781.65

Two Days Before Low

775.65

Three Days Before High

770

Earnometer Copper Update:

Earnometer Copper

Important Copper Intraday Levels for today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

687.9

4MH

Four Month before High

675.6

3MH

Three Month before High

678

2MH

Two Month before High

711.7

LMH

One Month before High

738.2

CMH

Current Month High

788.3

4WH

Four Week before High

738.2

3WH

Three Week before High

732.2

2WH

Two Week before High

771.6

1WH

One Week before High

788.3

CWH

Current Week High

787.7

PDH

Yesterdays High

787.7


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

640.5

4ML

Four Month before Low

622.05

3ML

Three Month before Low

639

2ML

Two Month before Low

652.25

1ML

One Month before Low

689.7

CML

Current Month Low

706.2

4WL

Four Week before Low

710.9

3WL

Three Week before Low

706.2

2WL

Two Week before Low

738.4

1WL

One Week before Low

762.55

CWL

Current Week Low

775.65

PDL

Yesterdays Low

781.65

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

779.63

769.8

784.55

790.63

800.47

Sell below

769.8

779.63

764.88

757.18

748.97

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

786.88

800.47

812.63

Short Term Copper Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

761.13

748.97

735.38

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

724.85

706.32

734.11

745.56

764.08

Sell below

706.32

724.85

697.06

682.55

667.08

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

741.47

764.08

789.97

Long Term Copper Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

692.97

667.08

644.47

Copper Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



800.5

789.38

Resistance 3 (R3)

794.67

791.18

794.45

787.71

Resistance 2 (R2)

791.18

788.87

791.08

787.16

Resistance 1 (R1)

788.62

787.44

788.4

786.6

Pivot Point

785.13

785.13

785.03

785.13

Support 1 (S1)

782.57

782.82

782.35

785.5

Support 2 (S2)

779.08

781.39

778.98

784.94

Support 3 (S3)

776.52

779.08

776.3

784.39

Support 4 (S4)



770.25

782.72

Copper Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



840

787.46

Weekly R3

812.63

800.47

814.25

780.38

Weekly R2

800.47

790.63

801.27

778.02

Weekly R1

786.88

784.55

788.5

775.66

Weekly Pivot Point

774.72

774.72

775.52

774.72

Weekly S1

761.13

764.88

762.75

770.94

Weekly S2

748.97

758.8

749.77

768.58

Weekly S3

735.38

748.97

737

766.22

Weekly S4



711.25

759.14

Copper Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



839.95

745.52

Monthly R3

789.97

764.08

791.45

732.19

Monthly R2

764.08

745.56

764.83

727.74

Monthly R1

741.47

734.11

742.95

723.3

Monthly Pivot Point

715.58

715.58

716.33

715.58

Monthly S1

692.97

697.06

694.45

714.4

Monthly S2

667.08

685.61

667.83

709.96

Monthly S3

644.47

667.08

645.95

705.51

Monthly S4



597.45

692.17

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.