Thursday, 26 April 2012

MCX Copper Update and Trading Strategy Today

In domestic market MCX Copper has jumped more than half percent today. Today it has introduced negative with Rs 429.1, while last trade of it was closed below half percent at Rs 429. But now it is trading up 0.56 percent at Rs 431.55 and it’s maintain continuity of uptrend. MCX Copper June contract is also trading up more than half percent today. Copper on London metal exchange has started below half percent
MCX Copper Trading Strategy Today
Buy MCX Copper above 431 with April and June contract both.
Resistance- 431.5 to 434
Support- 425.6 and 422.2
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