Monday, 7 May 2012

MTECHTIPS

MTECHTIPS:-COPPER

Copper  witnessed a  sideways session Saturday, as the commodity declined to close around the supports of 440.Copper faces stiff resistance at higher levels above 446 any up move in the commodity will open up 450 and higher levels in coming days. Copper has strong support below 440 levels any dip will retest  436 levels. The  outlook still remains positive, and holding above 446 will be positive.

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