Crude oil and copper trend for 2 August

Crude oil
MCX Crude Oil August is in uptrend to levels 4230 then it goes downside.

Copper trend
If copper cross 434 levels copper perfect downtrend you can sell copper at level 434
target is 430-427 and stop loss is 437.80

Copper support and resistance levels
Copper support levels if copper touch 427.00 levels then next support levels is 422.00
Resistance levels if it touch 439 and next resistance levels is 445

MCX Copper Tips and trend for 1 Aug

Commodity market opened positive COMDEX opened at 3524.23 and MCXMETAL opened at 4745.68
The Copper is in perfect uptrend, We recommend buying copper for small targets for the day.

Buy copper above 440.60 (Aug contact)
Target: T1: 441.20, T2: 441.80
Stoploss: 440

Copper weekly trend (1-6 Aug)
Copper is in a consolidation phase and traders should use the strategy of buy on lower levels. Last week COMEX Copper was down for most part of the week. If next week COMEX Copper does not sustains below the level of 440 then above the level of 450 Copper can test the level of 457.

Copper weekly support and resistance levels
Copper support levels if copper touch S1: 439.00, S2: 431.0, S3:420.
Resistance levels if it touch R1: 451, R2: 458, R3: 466.