Tuesday, 29 May 2012

MTECHTIPS

MTECHTIPS:-COPPER

Copper witnessed a day of positive up move as the commodity broke above the 428 mark convincingly. Copper faces stiff resistance at higher levels above  434 any up move in the commodity will  open up  438 and higher levels in coming days. Copper has strong support below 428 levels any dip will retest 421 levels. Sustaining strongly above the 432 levels will be a positive signal for copper in coming sessions.

No comments:

Post a Comment