Wednesday, August 31, 2011

Base Metals Updates: Copper Outlook

Copper prices are taking resistance near 425 which if breaks, prices may get trigged to a rally towards 429-433 market which may also extend till 438. A slight dip might be seen before the such a rally. On the downside below 419.5 may invite negative trend in copper MCX.

One may buy Copper above 425 to target 428-429-430.


Posted By Commodity MCX Tips