Thursday 24 May 2012

MCX COPPER LIVE UPDATE AND IT TRADING STRATEGY

International market such as Europe and china predictable has decline in the demand for copper so London metal exchange has slipped down way today. London metal exchange copper prices have come down to 7,600 dollar.
Copper Live Update
 
Indian Market View of the Copper Today

In domestic market MCX Copper is trading positive with Rs 426.35. Last trade of Copper MCX was closed down 0.75 percent at Rs 426.

Today MCX Copper has started down at Rs 425.95 in previous session.

Trading Level: - Support 424-421 and Resistance 428-431.

Copper Trading Call

Sell MCX Copper below 425.
Targets- 423, 422 and Stop Loss 427.

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