Thursday, 16 February 2012

MCX Copper Update Today

Intraday Copper Tips 16 February 2012, MCX Copper Update

MCX Commodity Showing down trend today. MCX Copper on London metal exchange dropped near about one percent on Wednesday and it’s also closed negative at around half percent at Rs 415 in domestic market.
Copper on MCX Today Also trading down at about half percent and its trading at Rs 415.1 in previous session. This is best opportunity for sellers.
MCX Copper Feb Contract has Trend Consolidate, Strategy sell on high, with Support 411 to 400 and its resistance 422 to 424.
-Sell MCX copper Feb below 411.
Targets- TARGETS 409.5, 408, 406.5
Stop Loss – 414
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