COPPER NEWS why is Copper (tamba Laal Dhatu) price falling or rising

COPPER NEWS reasons for why stock price of Copper (tamba Laal Dhatu) is falling or rising

COPPER Copper Tamba is falling or rising technical reasons

Technical analysis forecast of Copper Tamba Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Copper Tamba COPPER at this time. Stock is rising and might rise more.

It appears as if Copper Tamba COPPER gave a large move recently.

Stock of Copper Tamba (COPPER) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Copper Tamba is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Copper Tamba stays above 848.2, but if it comes below 848.2, then a intra day sell could be more profitable.
If you take a sell trade below 848.2, then use 848.2 as stoploss and 824.3 as target. However if you take a buy trade in Copper Tamba, then use 848.2 as stoploss and 876.9 as target.

COPPER Copper Tamba is falling or rising NEWS fundamental reasons

Learn with ETMarkets: Know how to trade copper contracts using Bollinger Band? The demand for copper copper’s conductivity and durability make it indispensable for electrical systems, wind turbines, and solar power generation. - NEWS as on 2024-10-02 indiatimes.com

Ero Copper (ERO) Stock Jumps 5.2%: Will It Continue to Soar? Ero Copper Corp. (ERO) shares rallied 5.2% in the last trading session to close at .11. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the - NEWS as on 2024-09-27 nasdaq.com

Hindustan Copper plans to increase mine production capacity to 12.2 MTPA State-owned Hindustan Copper Ltd (HCL) is implementing expansion projects to increase mine production capacity to 12.2 million tonnes per annum (MTPA), its CMD Ghanshyam Sharma said on Thursday. The move will boost domestic production of copper and reduce - NEWS as on 2024-09-26 business-standard.com

More announcements and NEWS

COPPER Copper (tamba Laal Dhatu) current price & indicator signals

Moving Averages for Copper (tamba Laal Dhatu)

  • 5Day Average: 851.63
  • 12Day Average: 830.08
  • 20Day Average: 815.66
  • 50Day Average: 801.1
  • 100Day Average: 833.61
  • 150Day Average: 822.05
  • 200Day Average: 796.73

COPPER Indicators & signals

Indicator MACD (12,26,9)

834.29, 820.08, 8.72
Indicator MACD is in positive zone

Indicator ADX (14)

49.72, 29.15, 9.79
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of COPPER Copper (tamba Laal Dhatu) are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
04 Fri Oct 2024 855.35 850.40 to 860.20 0.32% 2.16 times
03 Thu Oct 2024 852.60 849.15 to 867.40 -0.43% 2.33 times
30 Mon Sep 2024 856.30 844.00 to 862.40 0.82% 0.01 times
27 Fri Sep 2024 849.35 848.25 to 855.20 0.57% 0.03 times
26 Thu Sep 2024 844.55 830.40 to 852.00 1.51% 0.02 times
25 Wed Sep 2024 832.00 825.05 to 835.00 1.03% 0.11 times
24 Tue Sep 2024 823.50 812.25 to 825.00 2.11% 0.47 times
23 Mon Sep 2024 806.50 798.90 to 821.95 -0.36% 1.85 times
20 Fri Sep 2024 809.45 808.10 to 819.45 -0.61% 1.4 times
19 Thu Sep 2024 814.40 808.00 to 819.30 0.67% 2.03 times
18 Wed Sep 2024 808.95 802.35 to 811.60 0.12% 1.75 times
17 Tue Sep 2024 807.95 805.35 to 813.50 -0.17% 1.65 times

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COPPER NEWS why is Copper (tamba Laal Dhatu) price falling or rising

 

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