Monday 28 May 2012

COPPER NEWS AND UPDATE, MCX COPPER TRADING STRATEGY Today

Copper Update 28 may 12, MCX Tips, Copper MCX Tips, Commodity Trend Support and resistance, Indian Commodity trading View, MCX Future market, Intraday Commodity trial Tips Today

MCX Copper have introduced positive base today. We can say it is the day of boom. In previous MCX Copper has started at Rs 424 due to last week of the copper was closed below at Rs 423.9.

After previous MCX Copper was showing grate moveable position and it was cross more than half percent in June and August contract.
Current position MCX Copper is Trading above 0.59 percent at Rs 426.4 in June contract.

 MCX Copper is support zone 422.2 to 420 and Resistance 425.6 to 427.8.

Trading Call:- Currently MCX Copper is Showing volatile position, Yet It is touch at Rs 427 Then You Can Sell It with June contract.
Targets- 426, 425,
Stop Loss – 429.
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