Tuesday, July 24, 2012

Copper Updates|MCX Tips|Copper, Nickel, Lead

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Copper Updates

Copper updates are saying that MCX Copper is trading at 419 level with an initial loss of 0.14 per cent today. Updates suggest that prices could reverse after taking support at 417 levels although it has a strong support at 415 level. Stochastic is in a buy mode. We expect prices to go up to levels of 424. Copper update for today is to buy on lower levels

MCX Base Metal Tips

Today all base metal are trading in a down trend expect Nickel. MCX Nickel is up by 0.33 per cent. Although all base metal are supportinh a bull trend in today's session. For Today MCX Base Metal tips are- 
  • MCX Copper Tips :Buy around 419 levels with a stop loss placed below 416 levels for targets of 423 levels. 
  • MCX Nickel Tips : Buy around 885 levels with a stop loss placed below 875 levels for targets of 896 levels. 
  • MCX Lead Tips : Buy around 104 levels with a stop loss placed below 103 levels for targets of 106 levels.

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