Wednesday, 21 December 2011

MCX Copper Intraday Tips

COPPER (FEB. 2012)
Last week, it broke the major support of 410 and finally made a low of 386. Overall trend is bearish and sell on rise strategy. Now resistance at 398-400, and major resistance at 420. Downside support at 380-373 to watch out, once break and trade below bears may show power.
Trend Decider of this week: 411.
Today: For the time being, above 390 looks good and sustained above 396 more up side.

1 comment:

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