Friday, 4 May 2012

MTECHTIPS

MTECHTIPS:-COPPER

Copper  witnessed a choppy session as the commodity sustained above 440 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 440 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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