Monday, May 2, 2011

MCX Copper and Nickel Updates for today evening


If Nickel May does not maintain the level of 1195 it can move down to 1165 and further can fall upto 1135 if consistently maintains the level below it. A rise above 1112 can take it to catch the rally.
For Intraday One can Buy Nickel above 1188 (cmp 1185) for the Targtes 1198-1210 SL- 1180
Below 1180 One can go for sell for the targets 1170-1165

In Copper (June) one can short it below 413.50 for the targets- 410-408.25 . Below 400 level copper fall upto 387 level.

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Posted By Commodity MCX Tips