Thursday, 3 May 2012

MTECHTIPS

MTECHTIPS:-COPPER
Copper  gained  in early session to test resistance of  449, but dipped on profit taking at higher levels. Copper faces stiff Resistance at higher levels above  448 any up move in the commodity will  open up 452 and higher levels in coming days. Copper has strong support below 442 levels any dip will retest  436 levels. The commodity will face stiff resistance at higher levels and if manages to hold on to the gains, may witness more upside.

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