ABC flat might just get completed today at 4.44

https://t.co/W6aVJ0BHcm

#CopperFUT 4.45

A Tattoo has been posting selective screenshots of my Tweets to this followers to showcase how I do not know how to use RSI.

While he runs his shop showing other people down, here are the basics for the wise:

1) RSI above 70 gets into overbought zone but it's the crossover from

the 60s to the 70s that gives the maximum thrust.

2) Daily RSI gives a good thrust but that can stay short-lived. It's the weekly/monthly RSI crossover into the 70s that provides a more sustained thrust

3) During the weekly crossover, daily RSI might reach astronomical levels

Many a times into higher 80s or early 90s. So in a shorter time frame this daily RSI would try to correct but since the weekly RSI is getting stronger, these dips would be shallow and short-lived and price would try to move higher again.

You would have seen such a behaviour in Wockhardt. Price hit a 20% and then went another 10-12% higher which heated the daily RSI and the price corrected sharply on day 3.

4) But because the weekly RSI was getting a crossover into the 70s, price reversed quickly to hit 10% more.

5) Now when this weekly RSI becomes heated, that is when the price might make a medium term top. Again, if the monthly RSI too gets a crossover into the 70s then the stock can continue to perform well for a few months till the monthly RSI gets heated.

#Gold $1865

Another retest of the trendline and

#HindCopper 138

Thank me when it crosses 680!

Till then, do whatever you want to do man but don't trouble me 😀😄

#Praj 365

Going for 450+

https://t.co/Jh4Q0CpxPg

Disc: Invested

#AsianPaints 3028

2880 is a good support level and needs to be protected at weekly

#CopperFUT

Story unfolding!

4.34 is what we need to take out

MCX Copper - #COPPER1! chart

1.618 and a positive divergence!!

https://t.co/CC8iRruSVS

#CopperFUT 4.13

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

#CopperFutures

On each of the last 3 occasions, #Copper has given a good rally after touching 40DEMA. It might just do it again.

Wave wise we are in subwave v of 5 and have likely done a minor wave ii today. What will follow is an impulsive subwave iii of 5.

@nishkumar1977

Subwave v of 5 yet to start. We are still doing wave iv correction which can get over today.