Tuesday, May 10, 2011

MCX Zinc and Copper Updates for Intraday

Copper MCX June Contract

In copper futures June contract above 406 , it could rise upto 411 initially, but if Copper able to sustain above this level it could test the levels towards 416-422 in near term. Sustaining Below 402 could take it to the level of 390.

For Intraday Buy copper above 406 for the targets of 411-413 Stolposs 401.

MCX Zinc May Futures
Intraday support for zinc is seen near 96.50 below this level it could face a dwonfall till 96.50 -93.00. Above 97 it could go upto 99.60-100.40.


Posted By Commodity MCX Tips