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MCX:COPPER

709.2
-9.95 (-1.38%)
Updated 11:28 16/04 IST

MCX:COPPER Buy or Sell - FrontPage Forums

5 Users have submitted 5 trade ideas of Rs. 1,813,566.44 for MCX:COPPER
Disclaimer
60% Bullish
40% Bearish

MCX:COPPER Buy or Sell - Brokerage Reports

No. of reports in last year
0
No. of analysts
0
Average Consensus Forecast
Consensus Potential
0.00%
See MCX:COPPER Share Price Targets >>

MCX:COPPER Ratings

Long term MCX:COPPER rating by FrontPage users
1.5/5 (2 Ratings)
Find answers to all your questions on live MCX:COPPER message board: Is MCX:COPPER buy or sell? Should I buy MCX:COPPER shares? Why are MCX:COPPER shares falling? Should I invest in MCX:COPPER stock?

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MCX:COPPER Share Price Discussion

P
Reputation: 12,800 • Yesterday 3:42 AM
PoweR in MCX-COPPER
#COPPER 🕉💫👉SelL COPPER BreakFalL Below 718 SL...
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Type
Sell
Instrument
COPPER 30APR21 FUT
Entry Price
₹709
Price@Trade
₹708.9
Target Price
₹707
Stop Price
₹711
Valid Till
Apr 16, 2021 11:20 AM
Margin
₹167,153.13 approx for 2500 Qty
Status
Waiting for entry
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P
Reputation: 12,800 • Yesterday 2:42 AM
PoweR in MCX-COPPER
#COPPER 🕉💫👉SelL COPPER BreakFalL Below 718 SL...
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Reply

Type
Buy
Instrument
COPPER 30APR21 FUT
Entry Price
₹712.55
Price@Trade
₹712.55
Target Price
₹718
Stop Price
₹708
Valid Till
Apr 30, 2021 11:20 AM
Margin
₹167,267 approx for 2500 Qty
Status
Exited
Exit Price
₹713.25
Net P&L
+₹1,750 (+1.05%)
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ISK Broking And Advisory @isk
Yesterday 2:12 AM

Update
Exited
Exit Price
₹713.25
Net P&L
+₹1,750 (+1.05%)

Type
Buy
Instrument
COPPER 30APR21 FUT
Entry Price
₹711
Price@Trade
₹712.05
Target Price
₹720
Stop Price
₹709
Valid Till
Apr 19, 2021 11:20 AM
Margin
₹167,214.06 approx for 2500 Qty
Status
Stoploss Hit
Exit Price
₹709
Net P&L
-₹5,000 (-2.99%)
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TrackerBot @trackerbot
Yesterday 2:39 AM

Update
Trade Entered
Entry Price
₹711
TrackerBot @trackerbot
Yesterday 3:38 AM

Update
Stoploss Hit
Exit Price
₹709

Buy @ 712.5 sl 708 tgt 718/20
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Reply

Type
Sell
Instrument
COPPER 30APR21 FUT
Entry Price
₹714
Price@Trade
₹714.1
Target Price
₹712
Stop Price
₹716
Valid Till
Apr 30, 2021 11:20 AM
Margin
₹167,312.5 approx for 2500 Qty
Status
Exited
Exit Price
₹713.8
Net P&L
+₹500 (+0.3%)
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TrackerBot @trackerbot
Yesterday 1:36 AM

Update
Trade Entered
Entry Price
₹714

Update
Exited
Exit Price
₹713.8
Net P&L
+₹500 (+0.3%)

Type
Sell
Instrument
COPPER 30APR21 FUT
Entry Price
₹713
Price@Trade
₹713.4
Target Price
₹705
Stop Price
₹718.9
Valid Till
Apr 16, 2021 11:20 AM
Margin
₹167,292.19 approx for 2500 Qty
Status
Active
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TrackerBot @trackerbot
Yesterday 1:24 AM

Update
Trade Entered
Entry Price
₹713

Type
Buy
Instrument
COPPER 30APR21 FUT
Entry Price
₹710
Price@Trade
₹713.05
Target Price
₹750
Stop Price
₹690
Valid Till
Apr 16, 2021 11:20 AM
Margin
₹167,282.81 approx for 2500 Qty
Status
Exited before entry
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Simha @simha-H1Mi8cfId
Yesterday 1:36 AM

Update
Exited before entry
Price @ Update
₹713.9

Type
Sell
Instrument
COPPER 30APR21 FUT
Entry Price
₹712.9
Price@Trade
₹712.9
Target Price
₹705
Stop Price
₹714
Valid Till
Apr 16, 2021 11:20 AM
Margin
₹167,278.13 approx for 2500 Qty
Status
Stoploss Hit
Exit Price
₹714
Net P&L
-₹2,750 (-1.64%)
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TrackerBot @trackerbot
Yesterday 12:47 PM

Update
Stoploss Hit
Exit Price
₹714

Type
Sell
Instrument
COPPER 30APR21 FUT
Entry Price
₹713.65
Price@Trade
₹713.1
Target Price
₹710
Stop Price
₹714.5
Valid Till
Apr 30, 2021 11:20 AM
Margin
₹334,565.63 approx for 5000 Qty
Status
Exited before entry
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Update
Exited before entry
Price @ Update
₹713.4

Type
Buy
Instrument
COPPER 30APR21 FUT
Entry Price
₹716.5
Price@Trade
₹716.5
Target Price
₹719
Stop Price
₹716
Valid Till
Apr 16, 2021 11:20 AM
Margin
₹167,390.63 approx for 2500 Qty
Status
Stoploss Hit
Exit Price
₹716
Net P&L
-₹1,250 (-0.75%)
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TrackerBot @trackerbot
Yesterday 12:24 PM

Update
Stoploss Hit
Exit Price
₹716

Type
Sell
Instrument
COPPER 30APR21 FUT
Entry Price
₹716
Price@Trade
₹716.25
Target Price
₹713
Stop Price
₹717
Valid Till
Apr 16, 2021 11:20 AM
Margin
₹334,725 approx for 5000 Qty
Status
Target Achieved
Exit Price
₹713
Net P&L
+₹15,000 (+4.48%)
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TrackerBot @trackerbot
Yesterday 12:24 PM

Update
Trade Entered
Entry Price
₹716
TrackerBot @trackerbot
Yesterday 12:32 PM

Update
Target Achieved
Exit Price
₹713

Type
Sell
Instrument
COPPER 30APR21 FUT
Entry Price
₹717.1
Price@Trade
₹717.1
Target Price
₹715
Stop Price
₹719
Valid Till
Apr 16, 2021 11:20 AM
Margin
₹167,409.38 approx for 2500 Qty
Status
Target Achieved
Exit Price
₹715
Net P&L
+₹5,250 (+3.14%)
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TrackerBot @trackerbot
Yesterday 12:27 PM

Update
Target Achieved
Exit Price
₹715

Type
Buy
Instrument
COPPER 30APR21 FUT
Entry Price
₹715
Price@Trade
₹717.25
Target Price
₹730
Stop Price
₹700
Valid Till
Apr 16, 2021 11:20 AM
Margin
₹167,320.31 approx for 2500 Qty
Status
Active
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TrackerBot @trackerbot
Yesterday 12:27 PM

Update
Trade Entered
Entry Price
₹715

Type
Buy
Instrument
COPPER 30APR21 FUT
Entry Price
₹718.15
Price@Trade
₹718.15
Target Price
₹818
Stop Price
₹716
Valid Till
Apr 16, 2021 11:20 AM
Margin
₹167,442.19 approx for 2500 Qty
Status
Stoploss Hit
Exit Price
₹716
Net P&L
-₹5,375 (-3.21%)
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TrackerBot @trackerbot
Yesterday 12:24 PM

Update
Stoploss Hit
Exit Price
₹716

Type
Buy
Instrument
COPPER 30APR21 FUT
Entry Price
₹718.1
Price@Trade
₹718.3
Target Price
₹722
Stop Price
₹716
Valid Till
Apr 30, 2021 11:20 AM
Margin
₹167,442.19 approx for 2500 Qty
Status
Stoploss Hit
Exit Price
₹716
Net P&L
-₹5,250 (-3.14%)
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TrackerBot @trackerbot
Yesterday 11:47 AM

Update
Trade Entered
Entry Price
₹718.1
TrackerBot @trackerbot
Yesterday 12:24 PM

Update
Stoploss Hit
Exit Price
₹716

Type
Buy
Instrument
COPPER 30APR21 FUT
Entry Price
₹718.8
Price@Trade
₹718.55
Target Price
₹722
Stop Price
₹715.8
Valid Till
Apr 16, 2021 11:20 AM
Margin
₹167,459.38 approx for 2500 Qty
Status
Stoploss Hit
Exit Price
₹715.8
Net P&L
-₹7,500 (-4.48%)
more details -8056369898
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TrackerBot @trackerbot
Yesterday 11:07 AM

Update
Trade Entered
Entry Price
₹718.8
TrackerBot @trackerbot
Yesterday 12:24 PM

Update
Stoploss Hit
Exit Price
₹715.8

Type
Buy
Instrument
COPPER 30APR21 FUT
Entry Price
₹717.5  ₹717.55
Price@Trade
₹717.6
Target Price
₹733
Stop Price
₹716
Valid Till
Apr 30, 2021 11:20 AM
Margin
₹167,425 approx for 2500 Qty
Status
Exited
Exit Price
₹718.65
Net P&L
+₹2,750 (+1.64%)
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Girish Ojha @girishojha
Yesterday 10:44 AM

Update
Entry Price Modified
Price @ Update
₹717.6
Original Entry Price
₹717.5
New Entry Price
717.55
TrackerBot @trackerbot
Yesterday 10:44 AM

Update
Trade Entered
Entry Price
717.55
Girish Ojha @girishojha
Yesterday 11:05 AM

Update
Exited
Exit Price
₹718.65
Net P&L
+₹2,750 (+1.64%)
J
Reputation: 0 • Yesterday 10:15 AM

Type
Buy
Instrument
COPPER 30APR21 FUT
Entry Price
₹717.25
Price@Trade
₹717.25
Target Price
₹728
Stop Price
₹714
Valid Till
Apr 26, 2021 11:20 AM
Margin
₹167,414.06 approx for 2500 Qty
Status
Stoploss Hit
Exit Price
₹714
Net P&L
-₹8,125 (-4.85%)
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Reply (1)
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TrackerBot @trackerbot
Yesterday 12:28 PM

Update
Stoploss Hit
Exit Price
₹714
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  • MCX:COPPER PRICE - 30APR2021

    keyboard_arrow_down
    DateApr 16
    Open715.25
    High719.15
    Low708.2
    Previous Close709.2
    Volume14,034
  • MCX:COPPER PRICE - 31MAY2021

    keyboard_arrow_down
    DateApr 16
    Open718.95
    High720.5
    Low710.3
    Previous Close711.45
    Volume832
  • MCX:COPPER PRICE - 30JUN2021

    keyboard_arrow_down
    DateMar 29
    Open655.05
    High708.95
    Low655.05
    Previous Close708.95
    Volume2
  • MCX:COPPER PRICE - 30APR2021 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Apr 16715.25719.15711.1718.35
    Apr 15702.55714.4702.2711.7
    Apr 14696700.35696700.05
    Apr 13685.85693.7685.3693.35
    Apr 12686688.65681.75686.4
  • MCX:COPPER PRICE - 31MAY2021 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Apr 16718.95720.5712.55719.2
    Apr 15706.4715.7706.4713.35
    Apr 14698.5701.5698.5701.3
    Apr 13687.95694.85687.1694.45
    Apr 12685.35690.6683.5686.95
  • MCX:COPPER PRICE - 30JUN2021 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Apr 15708.3708.3708.3708.3
    Apr 14695.25695.25695.25695.25
    Apr 13690.2690.2690.2690.2
    Apr 12693.55693.55693.55693.55
    Apr 9697.05697.05697.05697.05
  • MCX:COPPER PRICE - 30JUL2021 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Apr 15709.25709.25709.25709.25
    Apr 14696.8696.8696.8696.8
    Apr 13691.9691.9691.9691.9
    Apr 12695.4695.4695.4695.4
    Apr 9697.8697.8697.8697.8
  • MCX:COPPER PRICE - 31AUG2021 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Apr 15710.3710.3710.3710.3
    Apr 14698.45698.45698.45698.45
    Apr 13693.7693.7693.7693.7
    Apr 12697.35697.35697.35697.35
    Apr 9698.55698.55698.55698.55
  • MCX:COPPER - Recent News

    keyboard_arrow_down
    NewsBot
    Sep 30, 2019 6:27 AM
    MCX Copper under fresh selling; Support seen at 440
    commodityonline
    NewsBot
    Sep 30, 2019 6:20 AM
    Commodity Outlook: How gold, oil, base metals and agri commodities may trade today
    The Economic Times
    NewsBot
    Jul 26, 2019 7:47 AM
    MCX Copper under fresh selling; Support seen at 448
    Commodity Online
    NewsBot
    Jul 26, 2019 6:34 AM
    link
    Base Metals Preview: Copper Sees Flat Movement, Broad Demand Trend Supportive
    IIFL
  • MCX:COPPER - Related Communities

    keyboard_arrow_down
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    Trades, views and discussion on forex...
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  • MCX:COPPER - More Information

    keyboard_arrow_down

    MCX Copper:
    Copper is one of the metal commodities that has been traded through MCX. MCX stands for the Multi Commodity Exchange. MCX is the exchange where you can trade commodities such as gold, silver, nickel and agricultural products like cotton, coffee, turmeric, etc. just like the BSE exchange where stocks of companies are traded. The trading mechanism done through MCX is pretty transparent, and it is disciplined with the regulatory framework.
    What Is Copper?
    Worldwide, metal consumption, copper stands third after steel and aluminium. Copper is a non-precious metal and also a good conductor of electricity. It has outstanding strength, resistance to corrosion and flexibility, which makes it a preferred and safest conductor of electrical wiring installations in buildings.
    It is a commodity whose wealth directly indicates the state of the world's economy. Therefore, copper is also called as Dr Copper. Copper is produced in more than 25 nations today. Land-based reserves are calculated at 1.6 billion tonnes of copper, and resources in deep-sea nodules are evaluated at 0.7 billion tonnes.
    Reasons for trading Copper price:
    • Economic, societal and technological factors influence supply and demand for copper. Globally, about one-third of all copper consumed is recycled copper. Investing in copper is a smart way to bet on a long-term supply/demand imbalance.
    • Due to the global distribution of copper production, the chance of copper disruption in global supplies is low. But, on the other hand, because of the copper's significant role in the construction and power transmission, any interruption in supplies will have a considerable effect on the economy.
    • Trade participants like Producers, processors, exporters, marketers, and SMEs with exposure to copper can manage their price risks by hedging. When contingency situation rises, modern risk management techniques and strategies, including market-based risk management financial instruments like 'Copper Futures', suggested on the MCX platform can improve efficiencies and combine competitiveness through price risk management. The value of risk management, thus, cannot be exaggerated.
    • Copper has various industrial uses that it would be practically unthinkable to build the infrastructure of a country without it. The copper demand will grow as the developing regions such as Eastern Europe, Asia, and the African continent improve their economies and try to expand and modernize their infrastructure.
    • As developing markets grow, demand for housing should follow in those countries as well — copper gains from active housing markets.
    Factors Influencing the MCX Copper Market Price:
    1. Indian copper prices reflect the current global market and obviously the USD–INR exchange rates.
    2. Commodity-specific situations, such as the construction of new production plants or processes, new uses or the discontinuance of traditional uses, unexpected mine or factory closures due to natural disaster, supply disruption, strike, accident, and so on), or industry restructuring—all influences the price of copper.
    3. Trade policies established by the government (implementation or discontinuation of taxes, penalties and quotas) affect supplies as they manage (restricting or encouraging) material flow.
    Before trading in Copper, it's better to know the Contract Specification of Copper:
    • Symbol COPPER
    • The contract starts at 1st of a contract launch month and the last trading day falls on the last day of the calendar of the contract expiry month. If the contract launch date falls on a holiday, then the following day the contract starts. Whereas, if the contract expiry day falls on a holiday, the previous day the contracts expire.
    • Trading Period: Mondays through Friday
    • Trading Session: Monday to Friday: From 9.00 a.m. to 11.30 p.m. / 11.55 p.m*
    • Trading Unit: 2.5 MT (2500 Kilograms)
    • Quotation/ Base Value: 1 kg
    • Price Quote: Ex-Warehouse at Chennai district in Tamil Nadu (excludes only GST).
    • Maximum Order Size: 70 MT (70,000 kilograms)
    • Tick Size (Minimum Price Movement): 5 Paisa per kg
    • Daily Price Limits Normally, the base price limit will be 4%. Whenever there is a breach in the base daily price limit, the relaxation will be allowed to 6%.In case, if the 6% base price limit the daily price limit will be relaxed up to 9% after a cooling-off period of 15 minutes.
    • Extreme Loss Margin: 1%
    • For individual clients: 7000 MT or 5% of the market-wide open position, whichever is higher for all copper contracts combined.
    • For a member collectively for all clients: 70,000 MT or 20% of the market-wide open position, considerably whichever is higher for all Copper contracts combined.
    Why discuss the MCX COPPER rate today on Frontpage forum?
    • MCX COPPER forum is all about discussions related to Copper rate, trading strategies, market information, and latest news related to MCX Copper.
    • You can find MCX Copper Live Charts shared by experts and other users.
    • You can also follow the 'Newsbot' account of FrontPage for finding the MCX Copper rate and all the latest share market news (Moneycontrol, Economictimes, Business Standard, Livemint) related to copper and all other stocks.
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