Monday, 21 May 2012

Copper Updates in Indian Market, MCX Trading Tips Today

Copper Update 21 may 2012, MCX Copper Tips, Copper View Today, Trend, Support, Level, MCX Future live Updates, Free Commodity Intraday Tips

Starting of the day commodity market has not special moment. Precious commodity Gold and Silver has introduced positive view, while metals have stated negative view with pressurized position today.  

MCX Copper Updates and Trading Strategy Today
MCX Copper is showing low trend with consolidate position. Week of the first day copper has started bed, but possibility that it may recover them self.

In previous copper has stated below at Rs 420.05, while last week of the copper was closed slight decline with Rs 420.
Current view of copper is trading below 0.14 percent at Rs 420.2 for June contract and August future contract also trading down 0.14 percent at Rs 424.85.  
Trading Tips: - Currently MCX Copper have volatile position, Yet MCX Copper cross at Rs 421 so you can buy it.
Targets- 422.11, 423.23.  
Stop Loss- 419.19.
MCX Copper Support and resistance  
Support- 417.5 to 412  
Resistance- 422.9 to 427.

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