Friday, August 12, 2011

MCX Intraday Updates: Copper Trading Strategy

An Intraday rally till 403-404.50 might be seen in Copper August contract  and if it breaks the same, reaction rallies may occur to take Copper upto 407.50 and then412-414 later. On the downside, below 397  copper may get weak.
Traders are advised to long Copper August futures above 402.0 for the targets of 404-405 SL-398.50. 


Posted By Commodity MCX Tips