Tuesday, 9 October 2012

MTECHTIPS COPPER

MTECHTIPS:-COPPER

Copper witnessed a session of consolidation around 430 levels and buying at lower levels helped the commodity to close with small gains. For the day support in copper is seen around 431 levels any decline will open up 427 levels. Resistance  for copper in coming session is seen above the 437 levels. Any gains will open up levels of 443 and higher. If the commodity breaches and closes below  430 levels we may soon witness lower levels in the commodity may test levels below 424.

No comments:

Post a Comment