Monday, January 17, 2011

Sure Shot Copper Tips

This counter strong up trend and 444.00 level above close showing at confirm up trend in this counter and 434.50 lower support in market and again 441.00 level above maintain up side touch at 452.50 level and cross above touch at 458.50 level in coming trading days so dear traders every dip at buy .......and paid client already positional buy entry in this counter ....

COMEX COPPER:-  Weekly trading range at  trend  up side resistance at 449.80$ maintain above this level touch at 456.0$ but maintain above 437.60$ level but maintain below level bearish mode in market and low side support at 431.00$ and next support at 419.60$ .......... 

Copper for three-month delivery on the London Metal Exchange gained as much as 0.4 per cent to USD 9,687 a metric ton before trading at USD 9,662 at 10:35 a.m. Singapore time. In the international market, Copper in London advanced for a second day as better-than-forecast U.S.

Copper is trading lower in future trade today driven by weakness on copper and other base metals at the London Metal Exchange. Copper for February contract is trading at Rs 442.60, down by 0.90 per cent. (At 3:06 P.M today)

In the international market, Copper future price for 3 months delivery increased by 0.3 per cent to USD 9,654.75 a metric ton on the London Metal Exchange, reversing an earlier decline.

Yesterday, at MCX, the top traded commodity in terms of quantity were Copper for February contract with 72,458 lots.

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