Monday, July 4, 2011

MCX Copper Trend Today- MCX Base metals Updates

The broad positive trend of copper MCX faced a jerk after making recent high of 427.70 . From here Copper is likely to hover between the range of 420-427 but above 428, the current bull trend can get momentum and copper might see levels like 432-435.

While below 420 copper can fall down to 415 followed by 412-409 later.

Intraday trend is likely to remain positive. traders can buy Copper in between 422-425 for the targets of 427-429 Stoploss below 420 

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Posted By Commodity MCX Tips