#COPPER
The setup is bullish till Point D [795]; Post that a reversal might be in place.

Invalidation level: Point B [741.85]

#Commodities

More from Gurleen

#LAURUSLABS Multiple TF Analysis
A break-through at ATH.

Sustenance above 698 and a breakout at 705.85 would bring in higher targets of 733 followed by 800 in short term.

#StockMarket #StocksToWatch

Gurleen
@GurleenKaur_19

HDFC Update
2715 📍

In Weekly; next in-line 2850.

In Monthly; Once ATH is taken out, A sight of 3000+ would be caught.

#StockMarket #StocksInFocus #HDFC https://t.co/VpM9Yvbq7l

#HDFC Daily and Weekly TF's

Broken past the descending trendline; A follow-up beyond '2558' would bring in 2630 initially followed by 2850.

In Monthly; Once ATH is taken out, A sight of 3000+ would be caught.

[Will open position above 2558]#StockMarket #StocksToWatch pic.twitter.com/jRukw5Yh6d
— Gurleen (@GurleenKaur_19) August 3, 2021

Gurleen
@GurleenKaur_19

#MASTEK Update
TSL hit 📉

Though at CMP; Time to stack in 📈 for targets of 2620 followed by 2720.

#StockMarket https://t.co/IHHpv2bU2w

#MASTEK Update
2800 Hit; 70% Booked and rest Holding for a target of 2900.

#StockMarket #StockToWatch https://t.co/gQTyzf4IUS pic.twitter.com/fp9hrZyv7d
— Gurleen (@GurleenKaur_19) July 23, 2021

Gurleen
@GurleenKaur_19

#RELIANCE

The failure of the price to move past the previous high resulted in a fall back towards the lower band.

The structure looks weak and might hit 2370 initially which coincides with the channel bottom.

Thereafter, if the pivot gets taken out, Might hit Point D.

Gurleen
@GurleenKaur_19

#ULTRACEM Updated chart

Seems like another retest along with a follow through move. Even the support at 6100 has been taken out.

In swing support placed at 5590 followed by 4960.

#StockMarket #StocksToWatch https://t.co/bekQfLgWEK

#ULTRACEM

With the breakdown & retest. The major support is placed at 6100 levels. pic.twitter.com/IsoZd1grIx
— Gurleen (@GurleenKaur_19) May 1, 2022

More from Copper

Piyush Chaudhry
@piyushchaudhry

Amazingly super positive correlation between Emerging Markets and Copper.

*MSCI Emerging Markets ETF #EEM
*Copper Futures #Comex

arvind
@arvind1101

@Prakashplutus Copper.Even though its a side play to the entire RE theme including EVs...which need 4-5 times wiring as compared to ICE autos
To the best of my knowkedge the only big player is Hind Copper.Already up 5X in last year or so.

Nishant Kumar
@nishkumar1977

1.618 and a positive divergence!!

https://t.co/CC8iRruSVS

#CopperFUT 4.13

Piyush Chaudhry
@piyushchaudhry

Copper breaching the rising Trendline.
Weekly Candles, so we still need to wait.

Earlier two tweets on Copper:
1. Copper - EM:
https://t.co/WogWRMIMHH

and,
2. Copper - Gold
https://t.co/Cq2zcn4bi3

Amazingly super positive correlation between Emerging Markets and Copper.

*MSCI Emerging Markets ETF #EEM
*Copper Futures #Comex pic.twitter.com/rVAwfqvqD4
— Piyush Chaudhry (@piyushchaudhry) June 2, 2021

$Shivaji Vitthalrao\U0001f1ee\U0001f1f3$

Shivaji Vitthalrao🇮🇳...
@shivaji_1983

Copper - Weekly chart

Looking weak, sell below 732 SL 753

Next band of support 714-685

Copper - Daily

Cluster of supports in the area 685-714

RSI is hinting weakness. Break below 680 will invite more downside.

Copper - Monthly

650 previous major bottom.

Close below 680 can expect 630-575-520

500-520 is multiyear breakout. 8/10 times such multi year breakouts are retested.

Too early to comment but keep an eye on 730 then 680 these levels can decide next trend

A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.

I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019

2. Theta falls when market moves.
Falls where market is headed towards not on our original position.

Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019

3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.

This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019

4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.

There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020