Thursday, May 26, 2011

Base metals Insights: MCX Zinc and Copper Updates

Copper Updates 
In Copper MCX til the prices are able to sustain above 410.50 we can expect Copper to rise up to 416.30 initially which could be followed by 410.50 later.Below 410 prices may fall down to 407-405.

Intraday Trading Tips- Buy Copper around 410.70-411 Target-413-416

Zinc Updates
As Zinc is trading above its initial Major support of 99.50 so prices are likely to see an uptrend towards 101.50 to 103.50. Below 99.50, Sell off could be seen untill 98.60-96 levels.


Posted By Commodity MCX Tips