Monday, 30 April 2012

MCX Copper Update and Trading Strategy Today

MCX Metals especially Copper has introduced consolidate position with negative view but it has been immediate recover them position and go up for 11 Am. Today its highest touched 449.5 with June contract so we can say that it may be pinnacle stage of MCX Copper for Today .because currently it is trading down 0.34 percent at Rs 445 at around 3.15 Pm. In last week MCX Copper was closed up 0.23 percent at Rs 445.25 on Saturday.
MCX Copper Tips
Copper Sure Call:-  Sell MCX Copper below 444 with June contract.
Targets- 443, 441.
Stop Loss- 447.
MCX Copper Trading Support Today
RESISTANCE- 448.2-449.8
SUPPORT- 442.4-438.1
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