Monday, May 23, 2011

Base Metals Updates- Copper Trend for today

Copper MCX June contract today opened at 410.50 but could not sustain the level. Copper along with other base metals is facing a decline phase today.
Below 399 Levels Copper may see some more downfall till 395-393 which may be followed by 390. A breakout above 406.50 may take copper towards 409-414.

For Intraday one may sell Copper june futures below 399 for the targets of 395-393 SL-401.50 .


Posted By Commodity MCX Tips