Tuesday, May 24, 2011

MCX Copper Updates- Technical Levels

MCX Copper (June) 

In MCX Copper trade above 404.50 can lift Copper further towards 409-412 levels. A rally till 418 followed by 421-425 could be seen if copper breaks crucial level of 415.

Technical Levels-

R3- 421-425 R2- 415 R1- 405.50-409
Pivot- 404.50
S1- 401.50-397.50 S2- 393-390-387 S3-372-360


For Intraday one can buy Copper above 406 for the targets of 409-412 SL-401.50

below 401 go for sell target- 397.50-393.


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Posted By Commodity MCX Tips