Thursday, May 12, 2011

MCX Copper Trend and Intraday Tips for Today

Near Term trend for Copper is seems to be bearish towards 586-384 level which could then be bounced back to the level of 387-390 for the day. But if Copper traded below 384 consistently it may test the level of 375 in near term.

For Intraday in Copper (June contract) one can sell Copper below 390 for the targets of 386-384 Stop-loss- 394.00.


Posted By Commodity MCX Tips