Tuesday, 15 May 2012

MTECHTIPS


MTECHTIPS:-COPPER
Copper  dipped  again as the prices dipped in the global markets, crucial levels of 430 were broken in early hours.Copper faces stiff resistance at higher levels above 430 any up move in the commodity will open up 436 and higher levels in coming days. Copper has strong support below 424 levels any dip will  retest  421 levels. The outlook  is negative but we expect the commodity to take support at lower levels.

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