Mtechtips COPPER MCX SELL AT 435-437 STOPLOSS 443 TGT 430 TGT 423

Mtechtips COPPER MCX  intraday trading analysis 15-10-2012

Mcx copper nov from short term view,copper is remain sell on rise below 437-439 band. and expect 430 to 421 in next 1-2 weeks. from medium to long term watch 430 if break then go short with stoploss above 439 and expect 405 and below in medium term.fundamentally also depression in Chinese market and strong rupee will make pressure on copper prices.

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