Wednesday, July 20, 2011

MCX Copper Trend Today

Copper is looking forward for a rally towards 444-447 if it breaks the crucial 440 level with volume. So till the copper hold the 338 or above levels, it would be in bullish run. But if copper does not maintain 338 level, it may face downside levels- 435-432 for the day.
Major sell off can be seen only below 427 mark which may drag Copper till 420 level.
Intraday Traders can buy Copper (August) above 438-439 for the the targets of 442-445 Stoploss 436. 

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Posted By Commodity MCX Tips