Friday, 13 April 2012
MCX Copper Updates 13 March 2012, Commodity Tips
MCX Copper is showing low trend in April, June and August contract. In domestic market has introduced positive in previous at Rs 421.35, while tomorrow it was closed up 1.5 percent with Rs 421. But Current view of it is trading down near to half percent in future contract.
Copper on the London metal exchange is also trading with decline trend today.
MCX Copper support and resistance: - MCX Copper is first support 417 and second is 415 and its Resistance 425 to 431.
MCX Copper Call Today:- Buy Silver with April Contract Above 419.
Targets- 420, 421.5
Stop loss- 416.5.