copper Commodity Price Today and copper Intraday Tips for Today

COPPER Intraday Tips For 06 May 2024

copper Commodity Price Today and copper Intraday Tips for Today

COPPER Intraday Tips For 06 May 2024

Last update on 03 May 2024
COPPER (EXP 31 May 2024) CMP-855.3 currently close up side in intraday. It is likely to test resistance 860.10 / 864.85 / 872.90. If it breaks below 852.05 with volume then it may test lowerside supports, such as 847.30 / 839.25 / 834.50.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4
872.90
R3
864.85
R2
860.10
R1
856.10
PP
852.05
S1
849.70
S2
847.30
S3
839.25
S4
834.50
Last Day High 856.8
Last Day Low 844
Last Day Close 855.3
Close up side
CPR Range
CR 853.70
CS 850.40
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)